Source-linked briefing Business

Tech Rout Poised to Erase $1 Trillion From Nasdaq 100 as AI Jitters Mount

Tech Rout Poised to Erase $1 Trillion From Nasdaq 100 as AI Jitters Mount

Tech stocks plunged, putting the Nasdaq 100 on track for a more than $1 trillion drop at the U.S. open. The sell-off reflects deepening concerns that the AI-driven rally may have overshot.

Original headline

Tech stocks set to wipe out $1 trillion as AI boom fears deepen