Nasdaq 100 companies lost more than $1 trillion in market value in a single day last Friday.
Intel fell nearly 29%, its worst day since 1974, after a weak outlook. Amazon reported negative free cash flow of $42.4 billion over the past 12 months, and Alphabet lost $475 billion in a day after its earnings.
Investors are asking when all that AI spending pays off. Are we in an AI bubble?
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