Nasdaq sinks for second day as AI jitters prompt massive tech sell-off

• Nasdaq experienced back-to-back losses of over 1% for the first time since April, with $1 trillion wiped from tech stocks due to AI-related concerns.
• Alphabet reported strong growth in its Gemini AI app (over 750 million monthly active users) and plans to double AI spending, despite mixed Q4 financial results.
• Shell's Q4 adjusted earnings and EBITDA slightly missed estimates, but the company announced a $3.5 billion share buyback and is focused on closing its valuation gap with U.S. peers.
• Maersk issued significantly lower 2026 EBITDA guidance, announced 1,000 job cuts, and expressed concerns about shipping market normalization and Red Sea disruptions.
• Discussions also touched on UK energy policy (windfall taxes, North Sea exploration ban) and geopolitical developments in Iran and Venezuela, impacting energy investment and supply chains.

The video discusses a significant tech sell-off on the Nasdaq, driven by AI jitters, which wiped $1 trillion from market value. It also covers mixed Q4 earnings from Alphabet and Shell, along with lowered guidance and job cuts from Maersk, highlighting ongoing market volatility and geopolitical risks in energy and trade.