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BullFrog AI Holdings Unveils Major Update to Investors
BullFrog AI Announced Significant Advancements In Its Ongoing Collaboration With The Lieber Institute For Brain Development For Specific Molecular Pathways Associated With Bipolar Disorder, Enabling The Identification Of New Candidate Drug Targets
BullFrog AI and Lieber Institute for Brain Development Reveal New Insights Into Bipolar Disorder Pathways and Potential Drug Targets
US stock market closing: Encounter "Black Wednesday", Nasdaq fell by 3.6%; Tesla fell by more than 12%, leading the technology stocks downturn, with chip stocks taking a heavy hit, Nvidia fell nearly 7%.
The poor financial reports of tech giants sparked panic selling, with the S&P 500 large cap index falling 2.3%, marking the first time it has fallen below the 50-day moving average since May 3, and ending the longest record of not falling more than 2% in a single day since 2007. The Nasdaq fell 3.6%, the largest drop since the end of 2022, and the Dow Jones fell 500 points. The small cap index fell 2.1%, the chip stock index fell 5.4%, and the Chinese concept stock index fell nearly 2%.
US stocks closed with all three major indexes falling, while the Russell 2000 rose 1% against the trend; Spotify soared 12% after its performance report, while Tesla fell more than 8% after hours.
Small cap stocks rose more than 1%, leading the way, while other major stock indices rose first and then fell, accelerating their decline in the final moments of trading.
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
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