Nasdaq Plunges 5.5% as Data Center Crash and Tech Sell-Off Hit Wall Street

### Session Tape - Nasdaq Composite: 24,315.00 (-5.5%) - S&P 500: 7,353.73 (-4.4%) - Dow Jones Industrial Average: 51,523.06 (-3.4%) - Bitcoin: $76,100.00 (-5.5%) - Apple ($AAPL+WL): $344.17 (-1.5%) - Amazon ($AMZN+WL): $260.21 (-2.2%) - Alphabet ($GOOG+WL): $281.74 (-1.9%) - Meta Platforms ($META+WL): $605.08 (-4.0%) - Microsoft ($MSFT+WL): $535.93 (-3.6%) - Nvidia ($NVDA+WL): $181.60 (-9.3%) - Tesla ($343.69): -10.8%

## Catalyst Analysis: Data Center Concerns Spark Broad Tech Liquidation Thursday's session was characterized by aggressive risk-off selling across major U.S. benchmarks. The Nasdaq Composite dropped 5.52% in one of its sharpest single-session declines, driven by mounting anxiety surrounding infrastructure financing and data center capital expenditure sustainability. Pressures intensified as sentiment deteriorated across semiconductor developers and high-multiple growth equities.

## Impact on Major Tech Equities Selling pressure spared few market segments. Semiconductor bellwether Nvidia experienced a sharp retracement alongside broader industry losses, while consumer tech stalwarts including Apple, Microsoft, and Meta Platforms faced heavy liquidation. Market participants are increasingly monitoring credit metrics and debt yields tied to infrastructure operators as capital costs weigh on valuations.