AI-driven stock selloff hits Nasdaq, rattling global markets
U.S. markets saw sharp turbulence as investors reevaluated AI-driven gains. The Nasdaq Composite suffered its worst week since April, with major technology firms losing momentum amid renewed fears of overvaluation.
Analysts say enthusiasm for AI stocks has collided with caution over sustainability, rising energy costs and uncertain profit models. While the S&P 500 and Dow Jones held steady, investors are shifting toward safer assets, signalling a possible phase of market correction.
The downturn also reflects global anxiety that the rapid AI buildout may outpace financial returns. Some investors are diversifying into value stocks, while others await clearer earnings signals from major chipmakers.
For emerging economies like Bangladesh, the correction offers both risk and opportunity. A slowdown in global AI investment could impact outsourcing and data-service firms but may also create space for affordable local innovation.
