Tech Selloff Triggers Global Downdraft, Sparking a Buy-the-Dip Debate

A tech-led global selloff drove the Nasdaq down 1.32% as heavyweight names like Amazon, Meta and Alphabet fell, and SpaceX slumped 16% for a third straight day. Asia followed with Korea’s Kospi plunging over 8%. Investors are weighing whether this tech rout signals a longer correction or a potential buying opportunity, while news flows include a 60‑day U.S. license to sell Iranian oil, UK Brexit anniversaries amid leadership shifts, and Cred’s $900 million funding round led by Meta despite its founder leaving for WhatsApp.