The Nasdaq 100 suffered its worst quarter in nearly three years, declining 8.3% amidst mounting fears of an AI bubble. This decline follows warnings about a potential slowdown in investment in data centers, which had been a lifeline for tech giants. Stocks like Nvidia, Microsoft, and Amazon have seen significant drops in value, reflecting investor apprehensions. Amid ongoing tariff concerns and U.S. government spending cuts, the tech sector's once-bullish outlook is now clouded by uncertainty, prompting cautious profit-taking from jittery investors.
The tech-heavy Nasdaq 100 fell 8.3% in the last quarter due to concerns about an AI bubble, US government spending cuts, and tariff uncertainties.
Tech giants like Nvidia and Microsoft have seen shares plummet, highlighting investor anxiety about valuations and potential recession threats amid tariff discussions.
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