Rallo says the AI-driven tech selloff hitting Alphabet, Intel and Reddit is not the bubble bursting
The Nasdaq has posted three straight weeks of declines, is down about 8% from early-October highs and closes its worst month since March 2025. Against that backdrop, analyst Rallo argues that the slump in Alphabet, Intel, Reddit and Service Now is not the AI bubble bursting but the effect of its success. Alphabet lost 500 billion, according to the report.
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