Intensifying Tech Slide Sends Nasdaq to Worst Two-Day Drop Since April

Market Intelligence Analysis

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Why This Matters

The Nasdaq composite experienced its worst two-day drop since April, driven by declines in tech stocks, including software and semiconductor shares, amid concerns over the recent pullback in software stocks and the emergence of new AI tools.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Declines in tech stocks intensified Wednesday, spreading from software into semiconductor shares and other companies linked to the infrastructure buildout for artificial intelligence. The Nasdaq composite posted consecutive 1% declines for the first time since April’s tariff chaos. The moves rattled investors already unnerved by the recent pullback in software stocks that accelerated after the startup Anthropic unveiled a suite of new tools, which can perform industry-specific functions like reviewing legal contracts.

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Original article published by Yahoo Finance on February 5, 2026.
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