$1 Trillion Rout Hits Nasdaq 100 Over AI Jitters in Worst Day Since 2022 Yahoo Finance

Image for article $1 Trillion Rout Hits Nasdaq 100 Over AI Jitters in Worst Day Since 2022 Yahoo Finance
News Source : Yahoo Entertainment

News Summary

  • The Nasdaq 100 Index tumbled more than 3% for the worst days since October 2022
  • The selloff was triggered by a middle-of-the-road earnings report from Alphabet
  • Tesla Inc
  • plunged more than 12% after Chief Executive Officer Elon Musk offered scant details about his company's self-driving vehicle initiative
(Bloomberg) Investors soured on the promise of artificial intelligence Wednesday, sparking a $1 trillion rout in the Nasdaq 100 Index as questions swirled over just how long it will take for the subs [+5763 chars]

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