Nasdaq 100 Falls as Investors Rotate From AI to Old Economy

- Nasdaq 100 took a tumble! Investors are ditching shiny AI toys for "old economy" stuff. Why? Broadcom’s earnings report hit the brakes on the AI hype train. It’s like when you buy a new video game but realize you have no time to play it, so you go back to reading your comic books. The big tech theater is pausing for a snack break. My take: It’s not that AI is bad, it’s just that the bill for all those fancy chips arrived early. We’re rotating from "future now" to "please let me have some actual profit." I still don’t know what a P/E ratio is, but I know my head hurts less when stocks aren’t moving faster than my coffee.