Tesla, Intel And More Lead Tech Selloff As Stocks Decline—Bitcoin Slips To Six-Month Low

November 14, 2025

Topline

Tesla and Intel headlined broader losses across tech stocks as trading opened Friday, continuing a slump for major indexes a day after markets posted their worst declines in more than a month.

Key Facts

The Dow Jones Industrial Average dropped roughly 550 points (1.1%), while the S&P 500 declined 0.3% and the Nasdaq erased 1.1% as trading opened Friday, after the indexes dropped 1.6%, 1.6% and 2.2% on Thursday, respectively, in their largest single-day losses since October.

Shares of Tesla slumped to around $392 after declining 2.4%, adding to losses across the tech-heavy Nasdaq from Intel (2.9%), AMD (3%), Alphabet (1.5%), Palantir (1.2%), Nvidia (0.4%) and Broadcom (1.2%), among others.

Goldman Sachs headlined losses across the Dow as shares traded down 2.4%, followed by Nike (2.2%), Walmart (1.5%), JPMorgan Chase (1.1%), Apple (0.8%) and IBM (0.7%).

Other major semiconductor stocks were also hit by a premarket selloff, with AMD, Broadcom, Qualcomm, and Intel dropping 2.39%, 1.12%, 1.43%, and 2.51%, respectively.

Megacap stocks Meta, Amazon and Microsoft also dropped 1.5%, 1% and 0.3%, respectively.

Bitcoin Leads Cryptocurrency Rout

The cryptocurrency market was also hit by a selloff, with the price of bitcoin dropping below $96,000 for the first time in six months before paring back earlier losses. The world’s most valuable cryptocurrency is down more than 6.3% over the past 24 hours, falling to around $96,466 after earlier falling to as low as $94,592, the lowest level for the leading cryptocurrency since May. Ether, the token with the second-largest market cap, dropped to $3,130, down more than 10.3% over the past 24 hours. Other major cryptocurrencies, including XRP, Solana’s SOL and Binance’s BNB, are down 8.8%, 10.5% and 6.2% respectively. Crypto-linked stocks similarly declined, including MicroStrategy (down 3.9%) and Coinbase (1.3%).

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