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via seekingalpha.comMarkets

Nasdaq suffers a 3% loss as investors rotate out of technology after Intel earnings

FROM THE WIRE · SEEKINGALPHA.COM

Nasdaq drops 3% as Intel earnings spark a tech selloff.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA 3% Nasdaq drop led by technology is a major move for indices and growth stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq drops 3% in the session.
  2. 02Intel earnings sparked a selloff in technology.
  3. 03Investors are rotating out of technology.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.