Markets
Nasdaq Slides at the Open as AI Development Slowdown Fears Grip Tech Bulls
The Nasdaq Composite led U.S. equity indices sharply lower at Monday's open after prominent analysts flagged a potential deceleration in artificial intelligence development cycles, shaking confidence in the high-multiple tech names that have driven the 2026 bull run. The selloff raises critical questions about whether the AI trade has peaked or is merely pausing at a pivotal technical inflection point.