Wall Street sell-off continues as investors question returns on ‘monster AI splurge’
· cnn.com · popularity 44/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
Wall Street braced for another steep day of losses Friday, with stocks falling after the latest earnings from Big Tech reignited concerns that the massive spending on AI may not deliver the returns that investors expect. The Nasdaq Composite dropped 2.5%, while the S&P 500 fell 1.3%. The Dow, which …
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