The bell is ringing an end to the training day at the NYC, Veridermix, ringing the bell

and at the NASDAQ, Polarics, Doing the Honors.

Welcome to closing bell overtime, live from Studio B at the NASDAQ market site.

I'm Melissa Lee along with Mike Santoli.

Stock selling off as AI fears once again hitting the markets, getting back toward the lows

right into the

close. The Dow down 670 points. The S&B 500 down 1.5 percent. A NASAC lower by more than two.

Much more in the markets coming up. And we have another big hour of earnings reports for you.

Our reporters are at the ready. Coinbase, Airbnb, draft kings, applied Applied Materials, and Rivian, among the names

we're watching, but there are many others as well. Before we get to those numbers, let's start

with today's big mover. Sima Modi has the details. Seema. Hey, Mike, the sell-off was primarily

in software, but the broadening out to other large tech heavyweights was notable. Apple, for example,

recording its worst day since April of last year,

Amazon clocking its eighth down day in a row. And then there's two big earning movers,

Apple Loven, despite a beaten raise CEO Adam Farhooey's comments on outbeating competition from the large

language models, that didn't seem to instill confidence. Cisco's earnings report, the culprit was memory chips,

the soaring cost, dampening its outlook, and the drop in trucking and logistics names,

reinforcing how sensitive the market has become to the perceived fear of an AI competitor.

In this case, a small company named Algorithm holdings,

a similar concern weighing on commercial real estate stocks, the latest

victim of the artificial intelligence threat led by shares of CBRE.

Now Cisco's comments on memory, providing fuel to that trade, Micron, Sandisk, Western Digital,

...