Macro Finance
Tech stocks set to wipe out $1 trillion in value as concerns about the AI boom deepen
NBC Business·October 30, 2026·1 min read
Tech stocks plunged, putting the Nasdaq 100 on course for a more than $1 trillion drop when markets open at 9:30 am ET, as concerns about the AI boom deepen. The selloff reflects growing investor anxiety over valuations and the sustainability of AI-driven growth.
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