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Nasdaq 100 in Correction Territory With AI Darlings Sinking…

https://www.bloomberg.com/news/articles/2024-08-02/nasdaq-100-is-in-correction-territory-with-ai-darlings-sinking/
The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year.

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