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К (@Grctcr) profile picture

playing hard

somewhere i belong
Joined February 2018
Photo by К (@Grctcr)Photo by К (@Grctcr)
Wall Street’s AI crash has officially gone global. Asian stocks have now erased $6 trillion since their peaks. 4 major markets are now in BEAR MARKET territory: 1. South Korea, KOSPI: -45% 2. China, CSI 300: -30% 3. Taiwan, TAIEX: -24% 4. Japan, Nikkei 225: -21% Today alone, Asia erased over $1 trillion. This follows US selloff that saw S&P 500 fell -4.4% and the Nasdaq -5.5%, erasing $3 trillion. Investors are now betting a Democratic Congress will put the brakes on AI spending. Fears grew as US lawmakers push a bill to permanently ban artificial superintelligence. Leverage made it worse, as those who borrowed to chase the AI rally were forced to sell into the drop. But why is a US selloff crashing Asian stocks too? Because Asia makes the chips powering America’s AI boom. Samsung and SK Hynix now account for over 50% of South Korea’s KOSPI. TSMC alone is over 40% of Taiwan’s TAIEX. These companies make the chips inside US AI data centers. So if the US cuts AI spending, it buys fewer chips from Asia. That’s why when US investors sold AI stocks, Asian investors sold too.
BREAKING: Asia now has 4 major stock markets in bear markets, after Japan and Taiwan joined today. 🇰🇷 South Korea: −45% from its June record 🇨🇳 China’s Shenzhen: −30% from its June high 🇹🇼 Taiwan: −24% from its October record 🇯🇵 Japan: −21% from its June record Japan, South Korea and Taiwan have lost over $900,000,000,000 this morning. AI giants TSMC, SK Hynix and SoftBank are all down around 10%. It follows US chip stocks’ 2nd worst day on record.
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К retweeted
[ trenches in 2027 ] powers transfer to the dems only in january 2027 right now money leaving stocks and ai, dollar rebalancing, swings in metals and crypto, probable wind-down of active moves on iran small swings for now. ai and stocks get squeezed, oil into the expected correction >> bull 2.0 open question is where the bid actually comes from and what launchers get to play with solana isn’t giving anything new. hard to see a fresh pf or real fomo and new runners from here either rh szn 2.0 or they run it on bsc
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yes, yes it is
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🇦🇷 If Lionel Messi scores for Argentina tonight we will send $150 to one person who reposts and follows us @betplay_io
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If Mbappe or Olise score, I will personally SEND $250 to another person who reposts and follows me @xyztrenches
If France win against Senegal we will send $250 to one person who retweets and follows us @betplay_io ⚽️🏆
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If France win against Senegal we will send $250 to one person who retweets and follows us @betplay_io ⚽️🏆
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This can’t be true…
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