WS #10756
Tech selloff deepens with MAGS ETF losing $1B+, Intel down 4%, Alibaba at 52-week low on AI distillation accusations, and AWS raising GPU prices 20% (positive for NVDA, negative for AMZN). Goldman Sachs suggests big tech could become more attractive amid chip volatility. SpaceX bond sale weakening sharply in secondary market; Quantum Cyber rises on board approval of SpaceX equity stake; SpaceX plans Starlink mobile service in US; analysts suggest SpaceX could acquire T-Mobile.
Tech Selloff Escalation
Tech selloff deepens with MAGS ETF losing $1B+, Intel down 4%, Alibaba at 52-week low on AI distillation accusations, and AWS raising GPU prices 20% (positive for NVDA, negative for AMZN). Goldman Sachs suggests big tech could become more attractive amid chip volatility.
SpaceX bond sale weakening sharply in secondary market; Quantum Cyber rises on board approval of SpaceX equity stake; SpaceX plans Starlink mobile service in US; analysts suggest SpaceX could acquire T-Mobile.