CoinWorld News reports that the Nasdaq 100 Index has entered a correction zone due to the continuous decline in the stock prices of tech giants, which have led the stock market bull run over the past three years. The benchmark index, primarily composed of tech stocks, has fallen by 0.9%, making it 11% below its peak in October last year. This is the first technical correction for the Nasdaq 100 since April 2025, when President Trump implemented tariffs that caused a stock market crash. The index's decline comes at a time when investor confidence has been shaken by the Iran war, and at the same time, the massive investments by tech giants in artificial intelligence computing, along with the growing skepticism about when these investments will start to yield greater returns, are adding to the concerns.