Nasdaq-100 teeters on correction as AI‑heavy earnings loom for Microsoft, Meta, Amazon
Investors see the tech‑heavy Nasdaq‑100 slipping toward a 10% correction as AI‑related capex sparks doubts over returns. The sell‑off intensifies ahead of earnings from Microsoft, Meta and Amazon, putting pressure on the sector’s valuation and testing whether trillions spent on AI can deliver profit.