Nasdaq Tech Selloff: Stocks Fall 2.6% on AI Fears

Red stock market chart falling over a New York skyline during a Nasdaq tech selloff driven by AI spending fears

Nasdaq tech selloff deepened on Thursday, October 22, as investors who had spent months cheering the artificial intelligence boom suddenly started asking a much harder question: who pays for all of this, and when does it start paying back? The Nasdaq Composite fell 2.6%, losing 694 points to close at 26,008.86. It was the technology-heavy … Read more