Trying Times for AI Stocks, But Spending Outlook Strong

Last Friday, the Nasdaq-100 Index closed 10.88% below its 52-week high, confirming the widely followed gauge is now in a correction. It might also be an opportunity. NDX’s rally, which has seen the index climb 20% over the past year, has largely been fueled by stocks with AI ties. That’s been a boon for NDX-tracking [...] The post Trying Times for AI Stocks, But Spending Outlook Strong appeared first on ETF Trends .