WS #12309
Chip stocks enter bear market territory; China's Kimi K3 model drives AI selloff with Nvidia sliding up to 4%; BofA analyst says not to panic. SpaceX shares down 38% from peak, erasing ~$1 trillion in market value; short sellers notch $8.7B profit as shares dip to IPO price.
AI Sector Selloff
Chip stocks enter bear market territory; China's Kimi K3 model drives AI selloff with Nvidia sliding up to 4%; BofA analyst says not to panic.
SpaceX shares down 38% from peak, erasing ~$1 trillion in market value; short sellers notch $8.7B profit as shares dip to IPO price.