WS #12915
Nasdaq 100 enters correction as global chip stocks sell off; CoreWeave down 30% in a month; Corning, Coherent, Lumentum, Ciena fall after Corning earnings; Citadel predicts Fed hike Wednesday against consensus. Apple briefly hits $5 trillion market cap, second company ever after Nvidia, acting as a safe haven amid tech rotation.
Tech/semiconductor selloff continues
Nasdaq 100 enters correction as global chip stocks sell off; CoreWeave down 30% in a month; Corning, Coherent, Lumentum, Ciena fall after Corning earnings; Citadel predicts Fed hike Wednesday against consensus.
Apple briefly hits $5 trillion market cap, second company ever after Nvidia, acting as a safe haven amid tech rotation.