S&P 500, Nasdaq End Sharply Lower as Tech Selloff Deepens
U.S. stocks fell Thursday, with the Nasdaq posting its steepest daily drop since June. The report linked fresh AI-spending concerns to high-profile earnings reports.
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U.S. stocks fell Thursday, with the Nasdaq posting its steepest daily drop since June. The report linked fresh AI-spending concerns to high-profile earnings reports.
Tech stocks fell for a third straight session Friday as the semiconductor complex extended one of its worst weeks of the year, with investors fleeing the AI hardware trade after a Chinese startup unveiled the world’s largest open-weight model. The selloff had already started in Asia overnight, where Moonshot AI showcas