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Nasdaq Composite falls 5.52%, marking worst day in 18 months

MarketWatch +2 · ·by G4L

NVDA NVIDIA Corp
$178.67 -4.27%
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AMD +13.26%TPR TPR +2.46%
  1. 1The Nasdaq Composite entered a correction phase, falling 5.52% to 24,315.
  2. 2Nvidia plummeted 9.26% and AMD crashed 17.26%.
  3. 3Thursday's sharp sell-off reflects growing reassessment of the artificial intelligence (AI) investment cycle.

So what's the key point?

The Nasdaq index saw its largest drop in 18 months as AI-related stocks fell sharply. This indicates a growing trend of rethinking the timing of investments in artificial intelligence.

Source MarketWatch +2 · View original ↗

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