Making Financial Headlines · Page 9
Nasdaq's Third Correction Gives AI Optimism Another Unscheduled Review
· New York time
The Nasdaq-100 entered its third correction of the year as concerns about artificial intelligence weighed on technology shares. The decline extended a difficult period for a sector that had attracted extraordinary enthusiasm over AI's potential. A correction is commonly understood as a drop of at least 10% from a recent high. Reaching that threshold describes the size of a decline, not a promise about whether losses will continue or reverse. For investors in index funds, the move affects a basket of large companies rather than a single stock. The AI story has not disappeared, but investors are reassessing the expectations attached to it. Even the future, it turns out, can be asked to justify its current price.
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