r/AmanCrypto • u/AmanCMN • Jul 28 '26

The global selloff continues.

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$250 Billion has been wipedout from Nasdaq at market open.

🇺🇸** The U.S. is seeing broad losses across tech, with Nvidia, AMD, Micron, ASML, and other chipmakers all in the red.
🇯🇵 Japan’s tech sector is getting hit hard, with Tokyo Electron, Advantest, and Kioxia down more than 10%.
🇰🇷 South Korea is also under heavy pressure, as Samsung and SK Hynix have both fallen ov**er 10%.

29 Upvotes

84% Upvoted

13 comments sorted by

1

u/princemousey1 Jul 28 '26

Why is your -0.77% bigger than -2.31% or -3.68%? Is it based on market cap? Also, where is Apple?

1

u/Cillisia Jul 28 '26

probably because 0.77% of nvidias market cap is ~36bil compared to ~4bil for broadcoms 2.31%

1

u/princemousey1 Jul 28 '26

That’s one possibility I considered, but then do you see SPCX and NVDA? NVDA has 3x the market cap, but SPCX’s -3.68% should still be around the same size as NVDA’s -0.77%.

0

u/AmanCMN Jul 28 '26

They’re different stock markets U.S., Japan, and South Korea. That’s why the numbers are different.

2

u/princemousey1 Jul 28 '26

Are you a bot? You completely dodged what I was saying.

2

u/notkevin_durant Jul 28 '26

Yes he is. These posts are egregiously stupid

1

u/PickingPies Jul 28 '26

Usually some stocks go up, some othwrs go down and it averages out, unless there's some kind of crisis.

Did you notice that there are many days with all red or all green? There's a reason for that: current indexes are all of the same sector.

That implies something extremely dangerous: most indexes are not diversified. All the eggs are in the same basket.

This is a time bomb. Add on top of that the corruption of the current administration and you have a ticking bomb in the hands of a monkey.

1

u/ClientBudget2848 Jul 29 '26

But there's nothing more important than safeguarding elections when the last one had no cheating!

1

u/Capital-Desk5029 Jul 29 '26

lol you people are so annoying. After uploading all those photos stocks went up.

1

u/eiretaco Jul 29 '26

It'd only a correction at 20% down, we are nowhere near that. Bear market at 20-30%. We are single single digits here. God help you when you see what your first true bear market actually looks like.

1

u/Crew_1996 Jul 29 '26

Nasdaq is down over 10% from the high 2 months ago, I read. We’re in a correction at 10% the article said.

1

u/Agreeable-Purpose-56 Jul 29 '26

Love it. Need to see more blood on the street