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Nasdaq 100 Nears Correction as AI Spending Concerns Mount
The Nasdaq 100 fell 1.6% on Tuesday, bringing its total decline to 10% from its June peak and putting it on the verge of a market correction. Investors are increasingly concerned that the significant AI investments by Big Tech companies may not yield strong returns. Attention is now focused on upcoming earnings reports from Microsoft, Meta, and Amazon, which could influence the direction of the tech selloff.
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Source：X@DeItaone · Source Link
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