Nasdaq Slides as AI Spending Concerns Roil Tech Stocks
The Nasdaq Composite and S&P 500 sold off sharply Thursday. The Composite posted its biggest one-day decline since early June as technology-company earnings reignited concerns about the cost of competing in AI.
NASDAQ SLIDES AS AI SPENDING WORRIES ROIL TECHThe Nasdaq Composite and S&P 500 sold off sharply on Thursday, with the Composite suffering its biggest one-day decline since early June as a fresh round of earnings from high-profile technology companies reignited concerns about the cost of competing i…