Trillion-Dollar Tech Wipeout Ensnares All Stocks in AI’s Path
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📅 Published: 2026-02-05 02:55
📰 Source: Yahoo
📝 Words: 58
📝 Article Content
Nothing, though, quite rivals the rout rippling through stock and credit markets this week. In the span of two days, hundreds of billions of dollars were wiped off the value of stocks, bonds and loans of companies big and small across Silicon Valley. “I don’t think it is an overreaction,” said Michael O’Rourke, chief market strategist at Jonestrading.
📄 Summary
Nothing, though, quite rivals the rout rippling through stock and credit markets this week. In the span of two days, hundreds of billions of dollars were wiped off the value of stocks, bonds and loans of companies big and small across Silicon Valley. “I don’t think it is an overreaction,” said Michael O’Rourke, chief market strategist at Jonestrading.
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Stock Mentions:
T - AT&T Inc.
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F - Ford Motor Company
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ALL - The Allstate Corporation
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