Nasdaq 100 hits new high as 'AI Fomo' returns

Nasdaq 100 rises to new high as ‘AI Fomo’ returns

The Nasdaq 100 hit a record high on Monday as investor frenzy over AI reignited. The FT reports that renewed enthusiasm for AI-related stocks is driving tech shares higher. The article does not specify the exact gain or leading stocks, but attributes the rally to 'AI Fomo' (fear of missing out on AI investments).