Investors Brace for Big Tech’s A.I. Spending Bill

Covered by 6 sources
- CBC World News·5h agoTech sell-off deepens, sending Wall Street toward its worst day since June
The tech-heavy Nasdaq shed about 3 per cent by mid afternoon. In Canada, the S&P/TSX composite index was down about 2.3 per cent. Worries are rising about whether the hundreds of billions of dollars invested in AI will produce enough profit and productivity to make the…
Read at CBC World News → - BBC Business·10h agoUS tech stocks see sharp falls over AI cost concerns
Shares in Intel have continued to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.
Read at BBC Business → - Irish Times Business·11h agoNasdaq tumbles at open as Amazon, Intel add to AI spending woes
Big Tech stocks plummet as cash burn spooks investors
Read at Irish Times Business → - NZ Herald Business·1d agoGoogle, Amazon, Intel shares dive on disappointing earnings, AI jitters
Alphabet sheds half a trillion in market value, Intel's stock falls 20%.
Read at NZ Herald Business → - Financial Times·1d agoUS tech stocks set to fall after earnings fuel AI spending concerns
Nasdaq 100 to open 1% down after Google parent Alphabet and Microsoft report lower than expected capex
Read at Financial Times → - NYT Business·2d agoInvestors Brace for Big Tech’s A.I. Spending Bill
Tech stocks have rebounded before pivotal earnings reports from artificial intelligence hyperscalers like Google and Microsoft.
Read at NYT Business →