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Global stock markets experienced a sharp decline amid fears of a tech market bubble burst. The South Korean stock exchange saw its largest drop, halting trading by hitting the 10% maximum decline, while European markets and Wall Street also fell but more modestly. The sell-off was driven by a combination of forced liquidations, profit-taking, and declining confidence in artificial intelligence stocks, with significant losses in companies like SpaceX and Nvidia. Investors are now increasingly questioning the potential for further gains in the sector as the impact of previous hype diminishes.
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