Nasdaq Drops $2.5T as AI Shares Face Second Day of Selling

According to The Japan Times, investors continued to sell technology shares tied to artificial intelligence for a second consecutive day, as worries grew about the AI trade. The Japan Times reported the selloff erased $2.5 trillion in value from the Nasdaq. It marked the fifth decline of more than 500 points for the Nasdaq Composite since mid-October.

Source: The Japan Times.