(Bloomberg) -- The Nasdaq 100 Index tumbled into a correction on Monday as investors turn increasingly pessimistic about Big Tech and the artificial intelligence trade.The tech-heavy index fell 1.4% to 27,989.82, putting it down more than 10% from an Oct. 6 peak to meet the technical threshold for a correction. While the index remains up 11% for 2026, this marks its third correction of the year as trading whipsaws with investors seemingly changing their minds on AI by the day.