---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000942317.md"
description: "The Nasdaq 100 $QQQ is now down more than 2% today as the AI selloff picks up speed heading into the weekly closeThe index is near 29,280, down about 5.2% this week from 30,883 last FridayThe Philadelphia Semiconductor Index is off about 2.6% today and roughly 10% on the weekThe S&P 500 is down about 1%, while the Dow is only off about 0.4% and still up on the week as money rotates into banks and old economy names$Coreweave(CRWV.US) is down about 11% and $Nebius(NBIS.US) about 10% as worries over CoreWeave's debt load keep spreading. Its 9.75% bonds due 2031 now yield above 15% per CNBC$Palantir Tech(PLTR.US) is down about 7%, $AMD(AMD.US) and $Intel(INTC.US) about 4.5%, $Oracle(ORCL.US) and $Micron Tech(MU.US) about 4%, and $Meta Platforms(META.US) about 3.4%. $Apple(AAPL.US) is one of the few big tech names in the greenThe VIX has jumped nearly 30% to above 21, and the 10 year Treasury yield is back near 5.11% after hotter than expected CPI and PPI prints this weekPer CNBC, 20 of the world's most valuable AI and chip stocks had already shed more than $1T in market value this week before today's dropThe market has stopped asking what AI can do and started asking who pays for it. With yields above 5% and the Fed leaning hawkish, the most debt heavy and highest multiple AI names are getting hit first while $Apple(AAPL.US), banks and the Dow hold up. That looks more like a repricing of AI funding risk than a broad growth scare, and the tell will be whether the neocloud credit stress spreads or stays containedSource: StockMarket.News"
datetime: "2026-10-16T17:35:19.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000942317.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000942317.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000942317.md)
author: "[StockMarket.News](https://longbridge.com/en/profiles/21806507.md)"
generator: "portal-rs"
---

# The Nasdaq 100 $QQQ is now down more than 2% today…


### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md)
- [INTC.US](https://longbridge.com/en/quote/INTC.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [04335.HK](https://longbridge.com/en/quote/04335.HK.md)
- [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md)
- [QID.US](https://longbridge.com/en/quote/QID.US.md)
- [QLD.US](https://longbridge.com/en/quote/QLD.US.md)
- [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md)

## Comments (1)

- **TAISHO99 · 2026-10-17T00:51:51.000Z**: fall another 10%


---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**