Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen
More than $2 trillion in market value is set to be wiped from the tech-heavy Nasdaq 100 this month, as Big Tech earnings intensified investor scrutiny of whether the billions being poured into artificial intelligence can generate returns quickly enough.
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- 2026-10-30 20:35 · Reuters AI
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen