Brothers and sisters, stop sleeping and get up to check the market software. Tonight’s market was sudden and unexpected. Whether it’s gold, silver, or the stock market, everything is crashing!
Let’s take a look at what happened.
In the precious metals sector, gold and silver plummeted: spot silver once dropped by 8%, and spot gold fell below $5200 per ounce.
In the stock market, U.S. tech stocks plunged, with Microsoft experiencing an unprecedented single-day drop of over 10%, potentially the largest since March 16, 2020. The Nasdaq index fell more than 2%!
Tech stocks collectively dove.
The decline in tech stocks is due to the market not seeing signs of cooling in AI spending, and doubts remain about whether demand can support such massive capital expenditures.
Over the past three years, the “Big Seven” tech stocks have been the main drivers of the stock market’s rise. But by the end of 2025, this trend reversed: Wall Street began questioning the hundreds of billions of dollars invested in AI development and when these investments will pay off.
Microsoft announced that its cloud business growth slowed in Q2 of fiscal year 2026; at the same time, the company provided a weaker outlook for operating profit margin in Q3 of fiscal year 2026.
On the second day of the Federal Reserve maintaining interest rates, Trump again called for lower rates. He stated that the cost of borrowing in the U.S. should be lower than in any other country.
Bitcoin fell below $86,000 amid the retreat of risk assets, marking the first time in about six weeks.
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Tonight, no sleep! An epic crash is happening tonight!
【Introduction】Sharp Market Drop
Brothers and sisters, stop sleeping and get up to check the market software. Tonight’s market was sudden and unexpected. Whether it’s gold, silver, or the stock market, everything is crashing!
Let’s take a look at what happened.
In the precious metals sector, gold and silver plummeted: spot silver once dropped by 8%, and spot gold fell below $5200 per ounce.
In the stock market, U.S. tech stocks plunged, with Microsoft experiencing an unprecedented single-day drop of over 10%, potentially the largest since March 16, 2020. The Nasdaq index fell more than 2%!
Tech stocks collectively dove.
The decline in tech stocks is due to the market not seeing signs of cooling in AI spending, and doubts remain about whether demand can support such massive capital expenditures.
Over the past three years, the “Big Seven” tech stocks have been the main drivers of the stock market’s rise. But by the end of 2025, this trend reversed: Wall Street began questioning the hundreds of billions of dollars invested in AI development and when these investments will pay off.
Microsoft announced that its cloud business growth slowed in Q2 of fiscal year 2026; at the same time, the company provided a weaker outlook for operating profit margin in Q3 of fiscal year 2026.
On the second day of the Federal Reserve maintaining interest rates, Trump again called for lower rates. He stated that the cost of borrowing in the U.S. should be lower than in any other country.
Bitcoin fell below $86,000 amid the retreat of risk assets, marking the first time in about six weeks.