Nasdaq falls 2.5%, Meta drops 7% on AI investment concerns

Meta and Tesla earnings intensified investor worries about AI investment returns, triggering a broad tech selloff. The Nasdaq fell over 2.5% and Meta plunged 7%, signaling a potential repricing of AI-related equities. The sustainability of AI-driven growth is now in question, with implications for market breadth and tech sector valuations.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works