US tech shares tumble as AI cost worries hit Nasdaq
Intel shares slide as AI spending worries weigh on Nasdaq, which opens at a two-month low.
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Original OpenBook briefings on stocks, earnings and indices such as the S&P 500 and Nasdaq, based on public market reporting. Follow an instrument on its market page.
Intel shares slide as AI spending worries weigh on Nasdaq, which opens at a two-month low.
Intel’s stock falls as memory-chip price hikes and corporate laptop budgets shrink, signaling pressure on the PC division.
Modest AWS results and weak advertising growth left Wall Street disappointed in Amazon’s third-quarter earnings
Sandisk's revenue nearly quintupled, boosting its earnings and share price, signaling strong growth in the storage sector.
The S&P 500’s recent decline contradicts the long-standing belief that stocks always rise.
Bill Ackman explains his narrow portfolio approach, highlighting key traits investors should watch when evaluating companies.
A prominent Silicon Valley figure has highlighted new reasons to worry about the AI market bubble.
Microsoft will disclose Azure revenue in its next earnings report, giving investors a clearer view of its cloud business.
SoFi’s 2027 outlook impresses investors, driving a sharp rise in its shares after a tough period.
HSBC shares slid 7% after the bank said clients are increasingly moving to higher-rate offerings.
Anthropic's 355-page prospectus reveals new company details, offering fresh insight for investors.
SpaceX's $40B debt deal is complete, while Elon Musk cautions lenders may be less friendly to less diversified AI competitors.