Tech Stocks Tumble: Nasdaq Drops 1% on Palantir and AMD Losses
The tech sector experienced a notable downturn on Tuesday, with tech stocks leading market losses as the Nasdaq Composite fell by 1 percent. The decline was driven largely by disappointing performances from Palantir Technologies and Advanced Micro Devices (AMD), raising investor concerns about valuation pressures and cooling enthusiasm in key technology areas. Why are tech…
