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via finance.yahoo.comMarkets

After an 11% tech sell-off, are AI valuations attractive again?

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investing.com — AI and big tech have sold off big time over the last month, as the market continued to punish dwindling cash flows amid an increasing cost of capital over…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe sell-off in mega-cap tech and semiconductors weighs on market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Mega-cap tech fell about 11 per cent in October.
  2. 02The rest of the S&P 500 rose nearly 6 per cent.
  3. 03Marvell, Dell and AMD posted declines above 20 per cent.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Advanced Micro Devices, Inc.AMDStock488.78 USDMarket closedtoday +1.01%Negative Dell Technologies Inc.DELLStock371.41 USDMarket closedtoday -9.06%Negative Marvell Technology, Inc.MRVLStock159.80 USDMarket closedtoday -7.08%Negative S&P 500INDEX:SP500Index7,688.62Market closedtoday +1.58%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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