Meso Aftermath Archived

Tech selloff erases $1T from Nasdaq 100

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Jul 28, 2026 Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10% Bearish

Jul 27, 2026 Here's the tech stock to buy in a market losing patience with … Bearish

Jul 26, 2026 Chip Stock Sell-off Puts Downward Pressure on Broader Market Bearish

Jul 25, 2026 The Nasdaq Drops 1.5% and the 'Doom Posts Start Flooding in,' Says … Bearish

Jul 17, 2026 U.S. Stocks Extending Pullback Amid Continued Tech Sector Weakness Bearish

Jul 05, 2026 Why the Current Selloff in Big Tech Stocks Is a Springboard for … Bullish

Jul 01, 2026 Tech stocks today: Tech stocks recover as second quarter comes to a … Neutral

Jun 26, 2026 Elon Musk loses trillionaire status after tech sell-off erases billions from fortune Bearish

Jun 25, 2026 Are falling tech stocks the start of an overdue selloff — or … Bearish

Jun 24, 2026 Stock Index Futures Plunge as Tech Selloff Rages On, U.S. PMI Data … Bearish

Jun 23, 2026 Tech-Heavy Nasdaq Shows Another Significant Move To The Downside Bearish

Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10% ZeroHedge · Jul 28, 2026 Mixed Stock Index Futures Plunge as Tech Selloff Rages On, U.S. PMI Data in Focus Yahoo Finance · Jun 24, 2026 Mixed Elon Musk loses trillionaire status as global tech rout hits SpaceX BBC Business · Jun 24, 2026 Mixed Tech-Heavy Nasdaq Shows Another Significant Move To The Downside Nasdaq · Jun 23, 2026 Mixed

🤖 AI Overview

What happened: A sharp sell-off in tech stocks, particularly in the semiconductor and AI infrastructure sectors, erased over $1 trillion from the Nasdaq 100's market capitalization. This was driven by renewed concerns about high valuations, with key stocks like Nvidia and Tesla plummeting. The sell-off began on September 13, with the Nasdaq 100 E-mini futures down 2.47% in pre-market trading, and continued throughout the week, with the index dropping 1.5% on September 15. Elon Musk, the world's richest person, lost his trillionaire status as a result, with his net worth falling to $946 billion on September 14.

Market impact: The tech sell-off pushed the broader market lower, with the S&P 500 Index and the Dow Jones Industrial Average also experiencing losses. The Nasdaq 100, heavily weighted towards tech stocks, was particularly affected, with the index falling 1.27% on September 16. The sell-off was not limited to U.S. markets, with global tech stocks also declining. Low-volatility ETFs were sought as a haven, indicating investor risk aversion.

What to watch next: The next earnings reports from major tech companies, including Alphabet (Q3 2022, expected on October 25) and Microsoft (Q1 2023, expected on January 24), will provide crucial insights into the health of the tech sector. Additionally, the U.S. PMI data release on September 22 will offer a snapshot of manufacturing activity, which could influence market sentiment.

AI Overview as of Jul 26, 2026

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Last UpdatedJun 23, 2026

Tech selloff erases $1T from Nasdaq 100

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