Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports
Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. In…
Reported by The Guardian. We will add other newspapers as they cover it.
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Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports
Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. In…
