Nasdaq Suffers $2.5 Trillion Drop as AI Trade Comes Under Scrutiny
A sharp market sell-off described as a “blue tsunami” erased $2.5 trillion from the Nasdaq. Investor concern over the AI trade was cited as a driver of the decline, reflecting growing scrutiny of the market’s heavy exposure to artificial-intelligence-related investments.
The report did not provide details about the specific AI companies or sectors involved, but the scale of the loss indicates that the concerns translated into broad selling across the technology-heavy index.