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AI Stocks and Nasdaq 100 Futures Decline After Previous Day Rally
(4 hours ago) · 1 source · Summarized by CryptoBipto
AI-related stocks and Nasdaq 100 futures pulled back following a rally the previous day. The broader tech sector saw declines, with reports also noting that Strategy (formerly MicroStrategy) was removed from MSCI indexes amid an Nvidia-led slump.
WHY IT MATTERS
This story connects the traditional stock market to the crypto world through Strategy, a company that holds a very large amount of Bitcoin on its balance sheet.
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SOURCES
- coindesk.com
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