AI bubble bursting or deeper market correction? US stocks plunge as Nvidia crashes 4% and Palantir slides 1.2% — Wall Street’s favorite AI synonyms tumble big

Adding to the gloom, the University of Michigan’s consumer sentiment index sank to 50.3, missing expectations of 53.2, while inflation expectations ticked up to 4.7%, signaling renewed price anxiety. The selloff hit other growth names too — Meanwhile, earnings added more chaos. Take-Two Interactive crashed 9% after delaying the release of Grand Theft Auto 6 until November 2026, despite profits doubling to $1.46 a share. In contrast, Expedia surged 17% on record bookings and strong earnings, while Akamai j ...