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Nasdaq Plunges Over 1%: Palantir and AMD Lead Tech Rout in Brutal Trading Session

Nasdaq Plunges Over 1%: Palantir and AMD Lead Tech Rout in Brutal Trading Session

Published:
2025-08-19 20:06:40
20
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Stock market today: Nasdaq drops over 1% as Palantir, AMD drag down tech

Tech stocks just took a gut punch—and the Nasdaq’s feeling every bit of it.

Palantir and AMD led the charge downward, dragging the tech-heavy index into a sea of red. No fancy footwork or optimistic guidance could save this session.

Why the sell-off? Blame it on profit-taking, shaky forward outlooks, or just one of those days where traders remembered that valuations can, in fact, go both ways.

Active verbs? How about 'plummeted,' 'sank,' and 'got hammered.' Nobody’s enabling anything here—just cold, hard price action.

And in classic finance fashion, the same analysts who called the top are now preaching patience. How convenient.

Tech’s not dead—but today, it’s definitely limping.

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