I am not surprised at the bloodbath, but I do not believe the “AI Bubble” has anything to do with it. Reddit stocks took a drubbing, too.

This has everything to do with the mid-term elections. Tech Bros aligned with Donald Trump, and now the Democrats come marching it, and they are going to be getting revenge for being shut out. Everyone knows it’s coming, and that’s the real reason.

If generously to both sides and stay overtly neutral. It’s how corporations used to manage to fly under the radar without having to be dragged into virtue theater and see their stocks plummet.