Wall Street witnessed a dramatic reversal as fears of an AI bubble triggered a $2.7 trillion rout in U.S. equity markets. Despite Nvidia posting a strong $57 billion quarterly revenue, investor sentiment quickly turned, reflecting deep unease about inflated valuations and unsustainable tech investments. Heavyweights like Apple, Amazon, and Microsoft saw $100 billion wiped off their market caps, while Nvidia lost nearly $400 billion in intraday gains. Hedge funds are bracing for a major sell-off, and macroeconomic signals—ranging from mixed job data to crashing crypto prices—are compounding the uncertainty. The AI boom is stalling, and the correction may be just beginning.
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