AI stocks bounce back after $1 trillion wipeout
📡 Financial Times · 1 min read ·
Part of composite article AI Stocks Bounce Back After $1 Trillion Wipeout—But Wall Street's Fear Gauge Just Hit a 4-Month High View full article →
US stock futures rose on Monday, signaling a recovery after a sharp sell-off in technology shares. Nasdaq 100 futures gained 1%, following the index's biggest weekly drop since April last year.
The previous decline hit artificial intelligence (AI) companies hardest, erasing over $1 trillion in market value from major tech firms. Investors had grown concerned that the rapid rise in AI stock prices had outpaced actual earnings.
Monday's futures move suggests buyers are returning, though analysts caution that volatility may continue as markets weigh the sector's long-term value against its recent hype-driven gains.