US stocks wipe out $700B in 10 minutes as AMD drops -10.97% and NVDA -3.87%
CurieuxExplorer · x · 2026-11-06
A widely shared market snapshot claims roughly $700 billion was wiped from US equities within 10 minutes of open as the S&P 500 fell 1%. The heatmap shows a broad tech selloff: NVDA -3.87%, AMD -10.97%, Broadcom -4.66%, Tesla -5.92%, Micron -6.97%, Dell -7.31%, Qualcomm -11.76%, among other AI-linked names.
Related event: Magnificent Seven Lose $1.1 Trillion in Market Cap Sell-Off(2 posts)→
More from Venture
- Menlo report: Enterprise AI spend soars to $177B, up 5.4x in a year as agents reshape buying — mmurph · 2026-11-06
- All-AI-generated series Chronicles of Bone hits 1.4M subs after one year — Kavanthekid · 2026-11-06
- Neocloud bonds trade in the mid-teens, making off-taker prepayments the cheapest capital in the stack — jfischoff · 2026-11-06
- AMD CEO Lisa Su says market is short-sighted on AI demand as discount rate awaits clarity — BenBajarin · 2026-11-06
- Gary Marcus declares generative AI bubble popping as tech stocks sell off — GaryMarcus · 2026-11-06
- One AI system for three roles: marketing, research, sales, installed in 3 afternoons — aryanXmahajan · 2026-11-06