So what was one of your first clues that Monday was going to be an interesting day?

Yeah, it's funny. I was actually commuting in from Long Island on Monday morning. I was on the Long Island Railroad. And I looked at my phone. I was checking my emails, obviously checking the markets.

That's my colleague Gunjan Banerj. She hosts WSJ's Take On the Week podcast and has covered

markets and investing for the journal for years. And I see that futures contracts tied to the

NASDAQ composite were down more than 4%,

which was really an eye-popping move.

We had not seen a move of that magnitude in quite some time.

Something was going down in the stock market.

And by the time Gunjin made it to the office,

things had gotten even wilder.

I get to my desk and, you know, around the time the market opens at 9.30, I think everyone is kind of glued to their screens at that point and they see that this really ugly day

for the stock market is beginning. All three major indexes are down a bunch. Invidia, of course,

is down double digits. Invidia, the AI chipmaker. Its stock was tanking. We could be looking at the

biggest drop in market cap on record here for Nvidia. When you take a look at the right across the

screen, specifically the NASDAQ 100 futures and the

intents.

So, Nvidia was down more than 10% shortly after the opening bell.

It ended the day down 17%.

And just to put that into context, that is a market value loss of almost $600 billion.

So much money.

Right. That is just an insane amount of wealth,

an amount of value that evaporated within hours.

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