Axios Markets

AI's compute wars

National

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A line chart that tracks the Nasdaq 100 daily from Jan. 2 to March 27, 2026. The index rose from 25,206.17 to a period high of 26,022.79 on Jan. 28, then trended lower, hitting the period low of 23,132.77 on March 27.

Nasdaq 100 index

Data: Financial Modeling Prep; Chart: Jeffrey Cane/Axios

💧 Lots of leaks

 🎭 The ensemble play

✖️ Anti-Elon

🎬 Hollywood tests AI

🏀 Bots pick brackets

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