{"id":943,"date":"2026-06-23T19:48:17","date_gmt":"2026-06-23T19:48:17","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=943"},"modified":"2026-06-23T19:48:17","modified_gmt":"2026-06-23T19:48:17","slug":"global-tech-rout-nvidia-tesla-more-hits-markets-heres-what-fueled-the-selloff","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=943","title":{"rendered":"Global Tech Rout\u2014Nvidia, Tesla, More\u2014Hits Markets: Here\u2019s What Fueled The Selloff"},"content":{"rendered":"<div>\n<h2>what to watch for<\/h2>\n<p>Whether SpaceX\u2019s losing streak persists on Tuesday. Shares of Elon Musk\u2019s rocket maker stumbled another 2.6% in early trading after plunging by more than 16.4% on Monday, as a three-day decline for the stock all but wiped out its post-IPO gains. Another selloff for SpaceX could lower its shares below the debut trading price of $150, and Swissquote analyst Ipek Ozkardeskaya told <u>Reuters<\/u> the company\u2019s decision to open bond trading may have revived concerns that tech companies may be spending too much on AI infrastructure.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=939\">Iran Can Travel To U.S. Early For Next World Cup Match After Slamming Unfair Treatment<\/a><\/p>\n<h2>key background<\/h2>\n<p>Investors appear to have grown increasingly worried that memory chip supply could outpace demand amid a surge in spending for AI infrastructure. Chip makers like Micron, Samsung and SK Hynix have ramped up production to meet the soaring demand from AI data centers. The global market has also been weighed down by rising oil prices during the war in Iran, which has driven up consumer prices and inflation in the U.S. to a three-year high.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=937\">Trump Will Present Trophy To World Cup Winner, FIFA Says<\/a><\/p>\n<h2>further reading<\/h2>\n<p><span><span>Forbes<\/span><span>Fed Holds Interest Rates Unchanged In Kevin Warsh\u2019s First Meeting\u2014But Higher Rates Are Expected<\/span><small>By <span>Ty Roush<\/span><\/small><\/span><span><\/span><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>One analyst pointed to \u201cnervousness\u201d on the memory chip trade.<\/p>\n","protected":false},"author":1,"featured_media":942,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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