AI Stocks Lost $80 Billion in a Day After Hot Inflation Report
AI stocks cratered on Wednesday after a hotter-than-expected US inflation report revived fears of rising rates. CoreWeave fell 16%, Nebius 11%, Oracle 9%, and Dell 11%, wiping out about $80 billion in market value. Even Elon Musk reacted with a one-word “yikes” to CoreWeave’s bond yields hitting 15%. Sources: Reuters, CNBC (via CryptoCompass), October 14, 2026.