A market crash in AI stocks wipes out $2.9 trillion as Nasdaq falls 5.52%

An AI stocks market crash erased about $2. 9 trillion from listed companies on November 5, 2026, as investors confronted the prospect of tighter data-center regulation after Democrats’ midterm election victories. The Nasdaq Composite fell 5. 52% into correction territory, while concerns about returns on massive artificial intelligence investments intensified the selling