The stock market took another beating on Tuesday as major indexes slid for a fourth straight day, dragged down by heavy losses in big tech and a sudden drop in bitcoin — both signs that investors are pulling back from risk.
📉 Markets Slide Again
The Dow Jones Industrial Average tumbled around 365 points (0.8%), extending a shaky start to the week.
The S&P 500 slipped 0.5%, putting it on track for its longest losing streak since August.
The Nasdaq Composite fell 0.8%, weighed down heavily by tech giants.
🧠 AI Stocks Take a Hit
The pressure largely came from a continued selloff in artificial intelligence–related stocks:
- Nvidia dropped more than 1%
- Amazon and Microsoft slid 3% each
Nvidia — the poster child of the AI boom — has already fallen 9% this month ahead of its highly anticipated earnings report arriving after Wednesday’s market close.
Sam Stovall, chief investment strategist at CFRA, warned that the S&P 500 could still face an 8–9% decline, depending on upcoming Nvidia results and U.S. employment data.
He added that Nvidia’s earnings could play a major role in calming market fears:
“If the top company in the top industry says optimistic things and beats expectations, that would go a long way to easing investor nerves.”
🤝 Major AI Deal Fails to Boost Stocks
A huge AI partnership announcement wasn’t enough to reverse the downturn.
AI startup Anthropic revealed that it plans to spend $30 billion with Microsoft, while both Microsoft and Nvidia will invest billions back into Anthropic.
Despite the blockbuster deal, both Microsoft and Nvidia traded sharply lower — showing how fragile investor confidence has become.
₿ Bitcoin Drops Below $90,000
Adding to the jitters, bitcoin briefly dipped under $90,000 before bouncing back above $91,000.
Because many tech-focused traders also hold crypto, the sudden slide triggered new concerns that a larger stock selloff could follow.
🏠 Home Depot Disappoints
It wasn’t just tech under pressure.
Home Depot shares also fell after the company missed earnings expectations and cut its full-year outlook, adding more weight to an already shaky market session.
