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1.4% — that's how much the Nasdaq Composite surrendered on Friday, closing at 25,520, as a one-two punch of Chinese AI competition fears and Netflix's earnings disappointment sent tech stocks reeling. The S&P 500 dropped 1.0% to 7,457, while the Dow slipped 0.8% to 52,146. The chip sector bled for a third straight day, with Nvidia (NVDA) down 2.2% and Intel (INTC) down 2.0% — the kind of broad tech rout that makes you wonder if the AI trade is...
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