US Stock Market Move | Star Technology Group mostly weakened, NVIDIA Corporation (NVDA.US) fell more than 3%

On Tuesday, the U.S. stock market experienced mixed movements, with the Nasdaq dropping by 0.53%. Most prominent tech stocks were weaker, with NVIDIA Corporation (NVDA.US) and Micron Technology, Inc. (MU.US) falling by over 3%, Meta Platforms (META.US) and Tesla, Inc. (TSLA.US) dropping by over 1%, while Apple Inc. (AAPL.US) rose by over 1%. On the news front, SoftBank sold all of its holdings in NVIDIA Corporation, earning $5.8 billion in this transaction. With increasing concerns about valuation, AI-related trades have been under pressure recently.