The Nasdaq Composite fell by over 190 points in Monday's trading, as Nvidia continued to slump for its third session in a row, dragging the S&P 500 down. Arm Holdings was added to the Nasdaq 100, with shares up nearly 140% since its public debut. Arm Holding's CEO, Rene Haas, highlighted this milestone and discussed the company's outlook on the market. Despite Nvidia's downturn, market experts like Brian Levitt see potential for the market to keep rallying. The focus remains on the Federal Reserve and the upcoming presidential election, with the broader market still showing signs of strength despite tech sector weaknesses. A key driver of growth in the market discussed is the advancement of AI technology, with Arm Holdings positioned to play a crucial role in powering AI applications across various devices. The future outlook for AI in consumer devices, smartphones, and automobiles remains promising, with potential for a significant positive impact on the market.