纳斯达克100指数周一跌入修正，因投资者对大型科技公司和人工智能交易的悲观情绪日益加重。
The Nasdaq 100 Index tumbled into a correction on Monday as investors turn increasingly pessimistic about Big Tech and the artificial intelligence trade.
该科技权重指数下跌1.4%，至27,989.82点，较10月6日的峰值跌超10%，达到技术性修正阈值。虽然指数今年迄今仍上涨11%，但这已是今年第三次修正，交易出现剧烈波动，投资者似乎每天都在改变对AI的看法。
The tech-heavy index fell 1.4% to 27,989.82, putting it down more than 10% from an Oct. 6 peak to meet the technical threshold for a correction. While the index remains up 11% for 2026, this marks its third correction of the year as trading whipsaws with investors seemingly changing their minds on AI by the day.
当前的抛售发生在华尔街对AI建设成本以及数千亿美元支出何时能够显现回报的担忧加剧之际。Alphabet公司上周股价创下有史以来最差一天，因为该公司公布的广告和搜索收入低于预期。Meta Platforms公司和Amazon.com公司在其近期业绩公布后也出现下跌。
The current selloff comes as Wall Street grows concerned about the cost of the AI buildout and when the hundreds of billions of dollars being spent will show clear signs of a payoff. Alphabet Inc.’s stock had its worst day ever last week after the company reported weaker-than-expected revenue for advertising and search. Meta Platforms Inc. and Amazon.com Inc. also slumped in the wake of their recent results.
“人们对这些公司不断‘花钱、花钱、再花钱’感到焦虑，”James Investment Research的投资组合经理Brian Culpepper说。“我不认为AI交易已经死亡，但它确实走得太快。今年市场表现相当强劲，但这导致许多股票被过度拉伸，尤其是因为AI涉及众多不同的股票。”
“People are getting antsy about how much these companies are spending, spending, spending,” said Brian Culpepper, portfolio manager at James Investment Research. “I don’t think the AI trade is dead, but it did get ahead of itself. This has been a pretty darn strong market this year, but that has led to a lot of names getting overextended, especially since AI is a part of so many different stocks.”
除了“七巨头”科技巨头之外，本财季还出现了多起高调的业绩崩盘，包括芯片制造商英特尔公司和软件公司ServiceNow公司。两者在令人失望的业绩预期后均遭遇历史性抛售。
Beyond the Magnificent Seven tech giants, this earnings season has featured several high-profile blowups, including chipmaker Intel Corp. to software firm ServiceNow Inc. Both suffered historic selloffs in the wake of disappointing forecasts.