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Hacker News · AI hot posts· armcat·· 9 days ago65

Nasdaq Sinks 5% as Investors Retreat from AI Trade After Election

Nasdaq Sinks 5% as Investors Retreat from AI Trade After Election

Brief overview

The Nasdaq index fell by 5% after the election, with investors pulling out of related trades due to concerns about the future prospects of the AI industry. The market shows pessimism towards the recent performance and future growth potential in the AI field.

Source: Hacker News · AI hot posts · wsj.com