🚨 𝐋𝐚𝐭𝐞𝐬𝐭 𝐍𝐞𝐰𝐬 𝐔𝐩𝐝𝐚𝐭𝐞! Big Tech Earnings Disappoint, Causing Major Wall Street Drop 〽️ US stocks tumbled on Wednesday, marking a rough day for major indices: • 📉 𝐒&𝐏 𝟓𝟎𝟎: -2.31% (Worst since Dec '22) • 📉 𝐍𝐚𝐬𝐝𝐚𝐪: -3.62% (Worst since Oct '22) • 📉 𝐃𝐨𝐰 𝐉𝐨𝐧𝐞𝐬: -1.25% (-504.22 points) Key players in the tech sector led the decline: • ❌ 𝐀𝐥𝐩𝐡𝐚𝐛𝐞𝐭 (𝐆𝐨𝐨𝐠𝐥𝐞): -5.04% (High AI costs & low YouTube ad revenue) • ❌ 𝐓𝐞𝐬𝐥𝐚: -12.33% (7% drop in car sales, missed profit targets, Robotaxi delays) • ❌ 𝐍𝐯𝐢𝐝𝐢𝐚: -6.80% • ❌ 𝐁𝐫𝐨𝐚𝐝𝐜𝐨𝐦: -7.59% • ❌ 𝐀𝐑𝐌: -8.17% However, not all was bleak: • 📈 𝐀𝐓&𝐓: +5.22% (More new wireless subscribers than expected) Visa also faced a rough patch: • ❌ 𝐕𝐢𝐬𝐚: -4.01% (Lowest since Dec, due to fewer payments and transactions) Concerns are rising about the AI-driven stock market boom. Stay informed with Ultima Markets for the latest market insights! Trade with Ultima Markets now: https://cutt.ly/eet3MouZ Trading involves significant risk; losses may exceed your deposits. #UltimaMarkets #NewsUpdate #TradingNews #MarketWatch #WallStreet #TechStock #Google #Tesla #Nvidia