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NASDAQ:MBX News 10 December 2025

Biggest Stock Losers Today in the U.S. (Dec. 10, 2025): DYN, SLM, KTB, WAY and More Slide as Fed Decision Looms

Biggest Stock Losers Today in the U.S. (Dec. 10, 2025): DYN, SLM, KTB, WAY and More Slide as Fed Decision Looms

U.S. stocks are trading in a holding pattern on Wednesday, December 10, 2025, as Wall Street waits for the Federal Reserve’s final interest‑rate decision of the year. Index moves are modest, but beneath the surface a cluster of mid‑cap names is posting double‑digit percentage declines, led by Dyne Therapeutics (DYN), SLM Corp (SLM), Kontoor Brands (KTB) and Waystar Holding (WAY).…
10 December 2025
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Stock Market Today

  • Rs 1.75 Lakh Crore Selloff Hits Indian IT Stocks Amid AI Fears
    February 4, 2026, 1:35 AM EST. Indian IT stocks faced a historic Rs 1.9 lakh crore market value drop on Wednesday, driven by fears that artificial intelligence (AI) advancements could disrupt traditional software and IT services. Shares of Infosys and Mphasis fell over 7%, while others like LTIMindtree, Wipro, and TCS declined between 4% and 6%. The selloff extended globally, with Nasdaq tech stocks losing around $300 billion. The catalyst was AI developer Anthropic's launch of tools automating sectors like legal and marketing, heightening concerns about AI replacing conventional IT roles. Experts warn this 'SaaSpocalypse' risks shrinking profit margins and undermining competitive positions, prompting downgrades of major software firms. Investors are reassessing valuations amid uncertainty over AI's impact on IT services growth and profitability.
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