Nasdaq 100 on track for $2 trillion October wipeout as AI spending fears deepen

More than $2 trillion in market value is set to be erased from the Nasdaq 100 this month, as Big Tech earnings intensified investor scrutiny of the billions being poured into artificial intelligence.

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2026-10-30 20:35 · Reuters AI
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen

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