AI Stocks Slide as Earnings and Midterm Results Weigh on Traders
A roundup says AI stocks fell Wednesday amid mixed Big Tech earnings and concerns that record AI spending may not be sustainable.
Democratic victories in the midterms sent AI stocks into a tailspin on Wednesday, adding to pressure from mixed Big Tech earnings and growing concerns that record AI spending may not be sustainable.Here’s a roundup of key earnings and non-earnings news from the ongoing week:AI Stocks Selloff As Dem…