AI Enthusiasm Is Collapsing and Tech Earnings Just Made It Worse - Bloomberg.com — SkimNews
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- Tech earnings deepened the collapse in AI enthusiasm, and Yahoo Finance said history points to the tech-stock meltdown getting “a lot worse.”
- Nasdaq was hit as investors dumped tech shares, rocking the stock market in a selloff MarketWatch described as shifting into overdrive.
Why it matters: Tech-stock investors are the clearest losers in the coverage: earnings intensified the AI-enthusiasm unwind, while investors dumped shares and the Nasdaq took a direct hit. Yahoo Finance adds the less-visible historical lens, warning that past patterns point to a much worse tech-stock meltdown.
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