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Story summary
- US tech stocks fell as the Nasdaq opened 2% lower on Tuesday, reflecting AI-spending concerns.
- Alphabet, Google’s parent, dropped 5% on Monday, its worst day in over a year.
- SpaceX slid 16% after planning a $20 bn bond sale despite $85 bn IPO gains.
- Asian markets fell as South Korea’s index dropped 10%, SK Hynix and Samsung Electronics each fell over 12%, and Japan’s Nikkei 225 fell 3.5%.
