Will AI stocks rebound? A closer look at last week's tech sell-off
FROM THE WIRE · FINANCE.YAHOO.COM
Bullseye American Ingenuity Fund portfolio manager Adam Johnson sits down with The 8:30 Hosts Pras Subramanian and Jake Conley to discuss last week's tech sell-off. Video Transcript 00:00 Jared Blikre Let's just go through a few of those headlines. Alphabet, 00:02 Speaker B Yep.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe tech sell-off and losses in AI and chip stocks weigh on market sentiment and the Nasdaq index.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01A basket of the biggest AI and chip stocks has lost about 5 trillion dollars since October 6.
- 02The information technology sector fell 1.8% over the last week.
- 03Alphabet lost nearly 500 billion dollars in value.
- 04Intel saw its worst decline since 1982.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets