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RWA US Stocks

AI stocks slide at US close; CoreWeave drops 15.46%

US stocks closed lower on Thursday, with the Dow down 0.09%, the S&P 500 down 1.11% and the Nasdaq down 1.88%, while the VIX rose 10.48%. AI-linked names led the decline: CoreWeave fell 15.46%, Dell 11.27%, Oracle 8.83%, Marvell 8.72% and Super Micro 8.42%. The data was published by RWA trading platform MSX, which has listed hundreds of RWA tokens covering US equities and ETFs including Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD.

Original source

AI take

The selloff is concentrated in AI infrastructure rather than broad tech, and the VIX's jump suggests this is a positioning unwind, not a single-name story. What stands out is the venue: the data comes from an RWA platform whose tokenized US equities are now tracking these moves, meaning crypto-native traders are absorbing the same drawdown in real time. Whether tokenized equity volumes amplify or dampen the underlying move is the open question worth watching.

Generated by AI for reference only.

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