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@ Layer3.news
2025-02-22 15:00:59
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgzj8e74k6df32wrxaqsty6v5s42zvjxte0cn9cnzfllhjzr2v55tssjpv34
THESE AI STOCKS PLUNGED DURING FRIDAY'S SELL-OFF
https://s.yimg.com/ny/api/res/1.2/dQ6IsGRDiclldQK.J83z8Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/investopedia_245/4963d0937b4a2574d3d3b769a7cf11f8
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✍️ High-flying AI stocks tumbled on Friday amid a broad risk-averse pivot on Wall Street, with nuclear energy stocks particularly affected.
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👉 Nuclear energy stocks tumbled on Friday, with Oklo losing 9% and Vistra and Constellation Energy Corp. each closing about 8% lower.
👉 The sell-off extended to other AI "picks and shovels" stocks, including data center operator Vertiv Holdings and Super Micro Computer.
👉 Software companies that have soared on expectations of AI-driven growth, such as Applovin and Palantir, also fell sharply.
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#SamAltman #Pennsylvania #business
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