Admin

AI trading downturn sweeps tech stocks: ON Semiconductor plunges 24%, Oracle posts biggest weekly drop since 2001, all Magnificent Seven stocks decline for the week.

AI trading downturn sweeps tech stocks: ON Semiconductor plunges 24%, Oracle posts biggest weekly drop since 2001, all Magnificent Seven stocks decline for the week.

``` AI trading has experienced the most intense cooling this year. As investors begin to reassess whether the massive capital expenditures on AI infrastructure can generate sufficient returns, the US tech sector has faced a broad sell-off this week. Oracle marked its largest weekly drop since the lows following the bursting
Admin