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There is a massive crash in stock markets around the world. Investors fear a Democratic victory in the US and restrictions in the field of artificial intelligence. The Nasdaq 100 index, which includes the largest technology companies, suffered the biggest drop in capitalization, losing about $2.5 trillion. The fall also hit Nebius Arkady Vologe - the company's shares fell by 15%. Elon Musk's personal fortune dropped by almost $80 billion, and Nvidia CEO Jensen Huang lost $15 million and fell out of the ten richest businessmen in the world. Investors fear that with Democrats coming to power, the artificial intelligence industry will face new restrictions and a freeze on building data centers. After the election, representatives of the Democratic Party have already made some alarming statements for the industry, and Donald Trump directly blamed the "fools" for the collapse of the markets. Open with VPN | No VPN.

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Meduza · · Source

🇺🇸 USA · Map

There is a massive crash in stock markets around the world. Investors fear a Democratic victory in the US and restrictions in the field of artificial intelligence. The Nasdaq 100 index, which includes the largest technology companies, suffered the biggest drop in capitalization, losing about $2.5 trillion. The fall also hit Nebius Arkady Vologe - the company's shares fell by 15%. Elon Musk's personal fortune dropped by almost $80 billion, and Nvidia CEO Jensen Huang lost $15 million and fell out of the ten richest businessmen in the world. Investors fear that with Democrats coming to power, the artificial intelligence industry will face new restrictions and a freeze on building data centers. After the election, representatives of the Democratic Party have already made some alarming statements for the industry, and Donald Trump directly blamed the "fools" for the collapse of the markets. Open with VPN | No VPN.

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