Bubble in AI? Major tech companies in free fall, with billion-dollar losses among the top 100 in the sector

The tech sector faces significant losses, with the Nasdaq 100 dropping 6.36% and losing $2.3 trillion in market value. Concerns over high investments and debts in AI companies have triggered a global sell-off, affecting markets in Europe and Asia. Major companies like Nvidia, Tesla, and Microsoft saw substantial declines. Despite the downturn, there are signs of recovery in the S&P 500 futures. Asian markets, however, continue to struggle, with Softbank's shares falling 10.83%. In Europe, ASML shares rose 4%, reflecting some positive sentiment in the tech industry.