
It's been a brutal week for tech stocks, with AI-linked names tumbling across the board despite strong earnings from several industry leaders — a clear sign investors are starting to question whether the artificial intelligence boom has run too far, too fast.
By midday Friday, the Nasdaq 100 – as tracked by the Invesco QQQ Trust (NASDAQ:QQQ) was down nearly 5% for the week — its worst performance since April — as risk-off sentiment swept through Wall Street.