Tech Stocks Tumble as AI Fears Collide With Earnings Misses
Covered by 5 sources
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Tech stocks fell sharply for a second consecutive day due to investor concerns about AI-related spending combined with disappointing earnings reports from major technology companies.
Covered by 5 sources
- Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.· New York Times
- AWS will be a $1T business, Jassy says — but first, it will spend big· 2 sources
- Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years· 3 sources
- Amazon gives Wall Street mixed financial picture in earnings report· 3 sources
- Google Shares Fall 10% as Growth in Search Revenue Slows· The Wall Street Journal
- Google value plunges by $500bn as its own AI search hits ad sales· 8 sources