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World · 11 hours ago

Nasdaq 100 drops 6.4% in AI sell-off

Nasdaq 100 drops 6.4% in AI sell-off

Photo by Kindel Media on Pexels

Major US stock markets saw their value decrease by approximately three trillion dollars, with chipmaker Nvidia experiencing a loss of over 9%. Analysts blamed fears of an AI bubble. London's FTSE 100 closed on Friday at 10,673.94, a drop of 1.01%, while Japan's Nikkei declined by around 6%.

Reported by Independent · How we write briefs

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