By Grobak Goldfang, Finance and Stock Market Reporter at AncientNews.com
Well, well, well, it seems the tech overlords aren’t invincible after all. Alphabet, Google’s parent company, watched its stock nosedive nearly 5% as President Trump’s Department of Justice confirmed plans to dismantle Google’s monopoly. The DOJ aims to force Google to part ways with its Chrome browser, citing those oh-so-innocent payments to partners like Apple to keep Google Search as the default engine on most smartphones. nypost.com
But wait, there’s more! The Nasdaq didn’t just dip; it plunged 3.2%, dragging down other tech darlings with it. Investors are now biting their nails, wondering if this is just the beginning of a tech apocalypse. marketwatch.com
And let’s not forget Nvidia, the so-called AI powerhouse. Despite the hype, its stock tumbled 5.1% to $106.98, hitting its lowest point since September. Apparently, even AI can’t save you from geopolitical chaos and tariff tantrums. Barron’s
So, what’s the lesson here, dear investors? Maybe, just maybe, putting all your gold coins into overinflated tech stocks wasn’t the smartest move. Diversify or die, as I always say. The market doesn’t care about your feelings. Adapt or lose.
Grobak Goldfang doesn’t sugarcoat the truth. If you can’t handle it, maybe you shouldn’t be playing the game.
