US Stocks Plunge as Nvidia and Palantir Crash Amid AI Bubble Concerns

Friday, Nov 7, 2025 12:51 pm ET1min read

US stocks plummeted Friday as the AI bubble appears to be bursting. The Nasdaq composite fell 1.9%, and Nvidia crashed 4% after being barred from selling AI chips to China. Palantir dropped 1.2%, and other growth names declined. Earnings added chaos, with Take-Two Interactive down 9% after delaying Grand Theft Auto 6. Analysts warn of a deeper market correction as the 50-day average is broken.

US Stocks Plunge as Nvidia and Palantir Crash Amid AI Bubble Concerns

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