Investors Brace for Big Tech’s A.I. Spending Bill
Covered by 9 sources
- ABC Australia Top·7h agoWall Street suffers tech wipeout as earnings fears grow
All three major US stock indexes slumped, with the tech-heavy Nasdaq suffering the steepest loss. Intel suffered its worst loss in 50 years.
Read at ABC Australia Top → - CBC World News·9h 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 → - Guardian International·10h agoTech sell-off drives US markets down by nearly $1tn after subpar earnings reports
Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by…
Read at Guardian International → - Irish Times Business·14h 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 → - The West Business·1d agoTech giants' spending spooks investors as bonds rally
Amazon and Intel are the latest tech stocks to fall as worries grow about the future of AI, while US bonds have surged towards sharpest monthly gain in years.
Read at The West 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 →