ReferIndia News Nasdaq Faces Turbulence as Tech Stocks Lead Losses Amid AI Concerns

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Nasdaq Faces Turbulence as Tech Stocks Lead Losses Amid AI Concerns

Published on: Feb. 26, 2026, 11:06 p.m. | Source: Devdiscourse

The Nasdaq experienced significant losses led by a downturn in technology stocks. Despite Nvidia's strong quarter results, investor concern over AI trade dampened enthusiasm as broader tech valuations faced scrutiny. Notable declines were seen in the Philadelphia SE Semiconductor Index, affecting major companies like Alphabet and Amazon.

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