A closer look at “Tech Sell-Off Erases Nearly $1 Trillion from Nasdaq in a Week as AI Spending Fears Mount”, exactly as the source publishes it. A sharp sell-off in technology stocks accelerated Friday, wiping out nearly $1 trillion in value from the Nasdaq composite over the past week and roughly $2 trillion over the past month. The S&P 500 fell more than 1%, erasing its gains for October despite hitting an all-time high earlier in the mont The S&P 500 fell more than 1%, erasing its gains for October despite hitting an all-time high earlier in the month, while the Nasdaq dropped over 3%.
The Dow Jones Industrial Average saw a smaller decline. The rout follows subpar earnings from leading tech companies and growing investor skepticism about whether the billions being poured into artificial intelligence can generate returns quickly enough. For the complete material, the listing points back to the source inside the network.