Select what genuinely interests you. Your picks feed directly into our editorial planning. The Nasdaq slid into a correction on Thursday, more than 10% below last month's record, as investors dumped chip and AI stocks, CNBC reports. At 17:52 UTC the index stood 4.6% lower on the day after falling as much as 5%, according to Yahoo Finance. Bitcoin went with it and lost more than $5,000 from its high.