Tech stocks set to bounce after US$1.3 trillion rout on AI jitters (opens original article in a new tab)

U.S. tech stocks are set to rebound after a significant drop due to concerns over AI valuations, with some indices showing gains and continued market volatility expected.

• U.S. tech stocks to rebound after losing US$1.3 trillion in market value due to AI valuation concerns
• Contracts on the index gained 0.6% by 4:35 a.m. in New York after a 3.3% slump
• SpaceX shares fluctuated in premarket trading after a three-day selloff
• Goldman Sachs compares current market to dot-com era with potential for large swings
• Nasdaq 100 remains 28% higher than March 30 but traders expect volatility