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Tech stocks tank as a Chinese competitor threatens to upend the AI frenzy; Nvidia sinks nearly 17%

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Summary
Nutrition label

85% Informative

The S&P 500 dropped 1.5% , dragged down in large part by a 16.9% fall for Nvidia .

The Nasdaq composite down 3.1% for its worst loss in more than a month .

The damage was focused on AI -related stocks, while the rest of the market held up much better.

Apple , Meta Platforms, Microsoft and Tesla are all on the schedule this upcoming week to report how much profit they made at the end of 2024 .

The pressure is on companies to keep delivering strong profits, particularly after a recent jump in Treasury yields.

When bonds are paying more in interest, they put downward pressure on stock prices.

VR Score

89

Informative language

90

Neutral language

52

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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