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Nasdaq has worst week since April amid Al jitters
Business World Philippines
|November 10, 2025
The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence (AI) shares, while US Treasury yields inched lower.
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Chip and other tech-related stocks have been some of the biggest losers this week, while the Nasdaq fell about 3% for the week.
The Nasdaq has gained more than 50% since April, when US President Donald J. Trump announced sweeping tariffs, as optimism around Al pushed markets to all-time highs.
Earlier this week, however, The Financial Times reported a warning from Nvidia CEO Jensen Huang that China will beat the US in the Al race.
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FLERE HISTORIER FRA Business World Philippines
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