The US stock market experienced mixed movements recently, with significant declines in technology stocks amid growing concerns over the future of the AI boom. Leading companies like Nvidia and Palantir saw steep losses, contributing to a broader market retreat. The Nasdaq composite dropped over 1%, while the S&P 500 also finished lower as investors reacted to disappointing retail earnings and awaited upcoming comments from the Federal Reserve. While the Dow briefly reached record highs, it ultimately ended flat as tech weakness weighed heavily on overall market sentiment.