#applefalls6.1%
š Apple Falls 6.1% ā $220B Wiped Out in Minutes
In a move that shook markets, Apple announced up to 25% price hikes across MacBook and iPad lines, citing surging memory and storage chip costs driven by AI infrastructure demand. The market reacted immediately ā $AAPL plunged 6.1% , erasing $220 billion in market cap and triggering a chain reaction.
But that was just the spark.
What followed:
The Nasdaq 100 dropped 1,000 points in 27 minutes ā one of the fastest plunges on record
The S&P 500 erased $1 trillion in market cap, swinging from +1% to -3%PCE inflation hit 4.1% ā its highest since April 2023 ā compounding the fear
Microsoft followed hours later, raising Xbox prices by up to 150$. Analysts are calling this the start of an "AI-driven consumer electronics price surge" ā where AI's insatiable hunger for HBM and NAND storage chips trickles down to every consumer device.
Bloomberg: Apple Raises Mac, iPad Prices on Memory Shortage
Per @CoinDesk , Apple's price hikes were the trigger ā but The Kobeissi Letter points to a deeper structural issue: widespread leveraged ETFs , AI uncertainty, and massive crypto liquidations creating a feedback loop of volatility.
The thread so far:
š°š· Korea sidecar activated ā š Whale doubles down 500 BTC at $59K ā š Apple crashes 6.1%, Nasdaq drops 1,000 points
Everything is connected. Macro fear is cascading through every asset class.
#AAPL #AÄ° #PCE #RiskOff
š Apple Falls 6.1% ā $220B Wiped Out in Minutes
In a move that shook markets, Apple announced up to 25% price hikes across MacBook and iPad lines, citing surging memory and storage chip costs driven by AI infrastructure demand. The market reacted immediately ā $AAPL plunged 6.1% , erasing $220 billion in market cap and triggering a chain reaction.
But that was just the spark.
What followed:
The Nasdaq 100 dropped 1,000 points in 27 minutes ā one of the fastest plunges on record
The S&P 500 erased $1 trillion in market cap, swinging from +1% to -3%PCE inflation hit 4.1% ā its highest since April 2023 ā compounding the fear
Microsoft followed hours later, raising Xbox prices by up to 150$. Analysts are calling this the start of an "AI-driven consumer electronics price surge" ā where AI's insatiable hunger for HBM and NAND storage chips trickles down to every consumer device.
Bloomberg: Apple Raises Mac, iPad Prices on Memory Shortage
Per @CoinDesk , Apple's price hikes were the trigger ā but The Kobeissi Letter points to a deeper structural issue: widespread leveraged ETFs , AI uncertainty, and massive crypto liquidations creating a feedback loop of volatility.
The thread so far:
š°š· Korea sidecar activated ā š Whale doubles down 500 BTC at $59K ā š Apple crashes 6.1%, Nasdaq drops 1,000 points
Everything is connected. Macro fear is cascading through every asset class.
#AAPL #AÄ° #PCE #RiskOff