5 sources • 4 verified points
Nasdaq Futures Fall as Concerns Over AI Spending Return and Oil Rises
Nasdaq futures fell more than 1% on Thursday as pressure returned to growth stocks after earnings from Tesla and Meta failed to dispel concerns over AI spending. The decline coincided with a rise in oil prices.
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- A source said Nasdaq 100 futures dropped 1.7%, in tandem with a jump in Brent above $111 a barrel over fears of a Houthi attack.
«Nasdaq 100 futures fell 1.7% as Tesla and Meta earnings failed to ease AI capex worries, while Brent crude jumped past $111 on Houthi attack fears.»
Shattered - Reuters reported that high-growth stocks faced renewed pressure after earnings from Tesla and Meta.
«Nasdaq futures slid more than 1% on Thursday as high-growth stocks faced renewed pressure after earnings from Tesla and Meta Platforms did little to allay concerns over AI spending»
Reuters on MSN - Barron's described the situation as a new tech sell-off, as the results failed to build on the sector's gains in the previous session.
«Another day, another tech selloff. At least that’s how things look early Thursday after earnings from Meta Platforms and Tesla failed to build on the sector’s gains in the previous session.»
Barron's - Investing.com reported that Nasdaq futures fell 1.6% under pressure from oil and AI.
«الأسهم الأمريكية: عقود ناسداك تهوي 1.6%.. بضغط النفط والذكاء الاصطناعي»
investing.com
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