Global Tech Market Hit by a Massive Shock!

Major US technology companies faced heavy selling pressure over the past four trading sessions, erasing nearly ₹114 lakh crore in combined market capitalization. Tesla, Meta, Microsoft, Alphabet, Amazon, Nvidia, and several other technology giants recorded significant declines as investors reacted to growing concerns about the sector's near-term outlook.

Market analysts said the sharp correction was driven by massive investments in artificial intelligence, earnings that fell short of market expectations, and uncertainty surrounding future capital expenditure plans. The sell-off has raised fresh concerns about valuations in the technology sector, with investors closely watching upcoming financial results and AI-related spending strategies.