The Nasdaq 100 Index experienced a decline of over 1.4% in the futures market as concerns grow over potential bubbles in the AI and quantum computing sectors. A Bloomberg survey revealed that 54% of participants now believe the AI industry is in a bubble, a significant increase from September.
OpenAI has secured deals exceeding $1 trillion, yet the profitability of these investments remains uncertain. Additionally, quantum computing companies such as IonQ and Rigetti are facing scrutiny due to their high valuations despite generating minimal revenue and incurring ongoing losses. Technical analysis indicates the Nasdaq 100 may fall below the critical support level of $22,000.
Nasdaq 100 Declines Amid AI and Quantum Computing Bubble Concerns
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