Big Tech sheds nearly $900bn as AI spending fears trigger market rout
Big Tech stocks have lost nearly $900bn, with the Nasdaq 100 set to shed over $2tn in October, as investors question soaring AI spending. S&P turned negative on Meta's credit outlook, and Big Tech buybacks fell 83%.
Read the full story at Financial Times AI ↗
Timeline · 11 reports
- 2026-10-31 22:21 · The Next Web
Big Tech buybacks fall 83% as AI spending eats the cash, Reuters reports - 2026-10-31 11:43 · Bloomberg AI
AI Spending Fears Hammer Big Tech Stocks - 2026-10-30 22:51 · The Next Web
S&P turns negative on Meta as AI spending eats into its cash - 2026-10-30 21:13 · Financial Times AI
US tech stocks tumble as concerns over AI spending intensify - 2026-10-30 20:35 · Reuters AI
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen - 2026-10-30 20:34 · BBC Technology
US tech stocks see sharp falls as AI spending nears $1tn - 2026-10-30 15:33 · The Globe and Mail
Nasdaq faces $2-trillion wipeout in October as AI spending fears deepen - 2026-10-30 10:00 · Financial Times AI
Big Tech sheds nearly $900bn in rout over soaring AI spending - 2026-10-30 02:55 · Economic Times Tech
Tech firms take fresh hit as earnings misses fan AI fears - 2026-10-30 02:49 · Barron's
Tech Firms Take Fresh Hit As Earnings Misses Fan AI Fears - 2026-10-29 20:10 · Financial Times AI
US tech stocks fall after earnings fuel AI spending concerns