2 sources • 4 verified points
Sharp Wall Street Sell-Off as AI Stock Worries Return
The S&P 500 and Nasdaq closed sharply lower on Thursday, with the Nasdaq posting its biggest one-day drop since June. Both sources linked the decline to investor concerns over massive spending on artificial intelligence and the uncertainty surrounding its returns.
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- The Nasdaq recorded its biggest one-day drop since June, according to Reuters coverage.
«the Nasdaq posted its steepest daily drop since June as a batch of high-profile earnings reports ignited»
Reuters on MSN - Reuters coverage indicated that prominent earnings reports fueled selling in technology stocks.
«as a batch of high-profile earnings reports ignited»
Reuters on MSN - Meta Platforms shares and a number of companies tied to the AI boom fell during Thursday's trading session.
«تراجعت أسهم «ميتا بلاتفورمز» وعدد من الشركات المرتبطة بطفرة الذكاء الاصطناعي خلال تعاملات الخميس»
CNN الاقتصادية - The concern stems from the rising cost of building data centers and infrastructure, while expected returns remain uncertain.
«في وقت لا تزال فيه العوائد المتوقعة من هذه الاستثمارات غير مؤكدة»
CNN الاقتصادية
SourcesCNN الاقتصاديةReuters on MSN
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