Thursday, November 5, 2026
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Business

AI stocks slide as Nasdaq 100 falls about 4.5% in late morning

NBC’s noon update reports a rebound from steeper losses, but US technology stocks remain sharply lower.

BrieflyTold Desk · · 1 min brief

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The brief

  • ■Nasdaq 100 fell as much as 6.2% before trading about 4.5% lower
  • ■The S&P 500 was down 3.1% in the cited late-morning snapshot
  • ■Investors are questioning returns on large AI investments

Why it matters

US investors face renewed volatility in a technology sector that has driven much of recent market growth.

Technology shares fell sharply Thursday. NBC News reported at noon EST that the Nasdaq 100 had recovered from a drop of as much as 6.2% but remained about 4.5% lower in late-morning trading. The S&P 500 was down 3.1% in that report.

The report pointed to growing questions about returns on AI investment and uncertainty after the midterm elections. These figures are intraday snapshots, not closing prices; prices can change as trading continues.

Sources

  • NBC News — updated November 5, 2026, 12:00 p.m. EST
Read the original reporting ↗

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