TIL because all of the comments as I'm writing this one have once again been posted by people who didn't bother even skimming the article:<p>- The selloff was triggered by a middle-of-the-road earnings report from Alphabet Inc. late Tuesday that featured a bloated capital expense.<p>- The declines mostly affect companies strongly linked to the AI push: Nvidia, Microsoft, Apple but also Broadcom, Tesla, etc.<p>- Some analysts lead by Goldman Sachs have been beating the AI bubble drum for a bit now while multiples remain very high.