US tech stocks suffer heavy selling: five billionaires lose $1529 billion in wealth in a single day
After the US midterm election, the US stock market encountered a large-scale sell-off on November 5, with technology stocks and the AI hardware industry chain being the main declining sectors. Elon Musk's net worth decreased by 91.2 billion US dollars in a single day, and Elon Musk, Michael Dell and others combined shrinkage of 152.9 billion US dollars. The Philadelphia Semiconductor Index fell by about 12%, creating the second largest single-day decline in history.





















