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Nasdaq QQQ falls 2.60 percent in major session, Amit Kukreja notes

Nasdaq QQQ falls 2.60 percent in major session, Amit Kukreja notes
Nasdaq QQQ drops in major session

The Nasdaq QQQ dropped 2.60 percent today, marking its worst session since June 5, and the Nasdaq 100 fell 2.90 percent, erasing nearly $1.2 trillion in market value.

Amit Kukreja reported that the market selloff was fueled by concerns over AI spending.

Kukreja has previously highlighted investor concerns related to specific stocks, pointing out dilution risks facing Ondas despite interest in the U.S. defense budget. In a separate report, he covered Brad Gerstner’s full exit from CoreWeave and a shift into META and TSLA shares following a reduction in exposure. These developments come alongside today’s market declines.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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