Tech Giants' Fall Shakes US Markets; Economist Advises Diversification

The U.S. stock market is shaking after several tech giants suffered sharp declines, with Alphabet losing billions in market value and Intel down 28 percent on Friday following a weak report. The Nasdaq is down 2.3 percent today. Economist Joakim Bornold says the companies had strong runs for a long time but have now hit a ceiling. He notes that while AI-related firms attracted massive capital, many others stagnated, and investors are now questioning whether the growth can hold, leading to a significant downturn. Bornold warns more declines may come as AI-heavy companies must prove viable business models. He says the fallout could eventually affect Sweden through higher interest rates, advising small investors to diversify rather than concentrate on one hot sector.