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Correction is commonly interpreted to mean 10-20%, crash is more than 20%.

When mainstream news start discussing if Coreweave will go chapter 11 or chapter 7.

I'd compare it to earlier bubble pops, like the dotcom one and the 2007 crash.

This doesn't seem to be one. At least not yet.

Also, this is really a lot about Amazon who didn't really manage to make a dent in the AI market and are cutting their losses as a result.