Some big technology companies like Alphabet (the parent company of Google) and Qualcomm had a bad day and caused the Nasdaq 100 index, which is a list of 100 large technology companies, to lose a lot of value. This happened two days in a row, which is not good. Some people think that this is happening because people are worried that the Federal Reserve, the central bank of the United States, might raise interest rates soon, which could make it more expensive for companies to borrow money and invest in new projects. This would be bad for the technology sector, which often needs to invest a lot of money to keep growing and innovating. Read from source...
- The article title is misleading: it suggests that the Nasdaq 100 index is at its lowest level since early June, but it only refers to the close on Thursday, not the whole week.
- The article mentions a higher-than-expected GDP growth rate and decreasing price pressures as positive factors, but then says that the Nasdaq 100 rose 0.9% during midday trading in New York. This implies a causal relationship between the two factors, which is not necessarily true.
- The article cites OpenAI's introduction of new search features as a reason for Alphabet's decline, but does not provide any evidence or analysis of how this affects Alphabet's business or stock performance.
- The article lists the 10 worst and best performers among Nasdaq 100 stocks, but does not explain the reasons for their performance or provide any context or background information.
- The article does not provide any insight or analysis of the market trends, sentiment, or factors that may have influenced the Nasdaq 100's decline. It simply reports the numbers without any interpretation or evaluation.
- The article ends with a shameless plug for Benzinga's services and products, which is inappropriate and irrelevant for a news article.
### Final answer: AI's rating is 1/5, based on the poor quality, accuracy, and objectivity of the article.