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The Marked Chart Wire · Markets
HotAI Selloff
South Korean indexes recovered from sharp declines that triggered trading halts, while US futures rose. Lam Research announced a $25 billion buyback following the semiconductor drop.
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HotAI Selloff
South Korea and Taiwan prepared stabilization measures after sharp declines in semiconductor stocks. The KOSPI fell 8.6 percent, triggering a trading halt, while the TAIEX dropped nearly 9 percent.
HotAI Selloff
The volatility index rose 69.66 percent to 28.18, marking its third biggest daily percentage gain since 1990. The S&P 500 dropped 4.36 percent and the Nasdaq fell 5.52 percent during the AI-driven decline.
AI Selloff
Goldman Sachs attributes the market decline to hedge funds reversing trades and institutions staying out, rather than specific stock liquidations. The bank noted that volatility traders started taking advantage of mispriced options while some investors bought dips in major tech names.
HotAI Selloff
Nvidia stock dropped 9.3 percent, its sharpest decline since January 2025, amid fears of stricter data center rules. The move cut Jensen Huang's fortune by $15.1 billion and contributed to a $185 billion loss among the world's wealthiest individuals.
AI Selloff
The $17 billion hedge fund dropped 5.9 percent last month and is reducing its stock-picking teams. It is preparing to return investor capital after a 6.8 percent decline year-to-date.
Hedge Funds
Morgan Stanley data shows rapid unwinding of positions by equity-focused managers. Firms like Samlyn Capital and Walleye Capital are cutting headcount and returning capital following sharp losses.
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