The Nasdaq 100 fell 3.6%, its largest daily decline since June 5, wiping out more than $1.3 trillion in market value. The selloff was driven partly by disappointing earnings from Amazon and Intel, fueling concerns about technology spending and artificial intelligence investment. In the broader market turbulence, Bitcoin dropped below $77,000, while the odds of it surpassing $82,000 by November 3 fell to 5%. Investors will watch upcoming earnings from major technology companies, developments in the Binance hack investigation, and comments from Federal Reserve Chair Jerome Powell.
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