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Tech stocks tumble as AI spending concerns mount

US tech stocks fell sharply, with the Nasdaq posting its biggest decline since June, as investor concerns grew over massive AI spending and industry borrowing. S&P turned negative on Meta's credit outlook, and Big Tech buybacks fell 83%.

Read the full story at BBC Technology ↗

Timeline · 9 reports

  1. 2026-10-31 22:21 · The Next Web
    Big Tech buybacks fall 83% as AI spending eats the cash, Reuters reports
  2. 2026-10-31 11:43 · Bloomberg AI
    AI Spending Fears Hammer Big Tech Stocks
  3. 2026-10-31 02:42 · Economic Times Tech
    October ends with a thud for Intel, Reddit, AI stalwarts
  4. 2026-10-31 00:54 · NBC News
    Stocks take a hit amid AI concerns
  5. 2026-10-31 00:54 · NBC News
    Stock market takes a hit amid AI concerns
  6. 2026-10-30 22:51 · The Next Web
    S&P turns negative on Meta as AI spending eats into its cash
  7. 2026-10-30 21:13 · Financial Times AI
    US tech stocks tumble as concerns over AI spending intensify
  8. 2026-10-30 20:45 · Reuters AI
    October ends with a thud for Intel, Reddit, AI stalwarts
  9. 2026-10-30 20:34 · BBC Technology
    US tech stocks see sharp falls as AI spending nears $1tn

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  5. Why Big Tech's $828 Billion Infrastructure Bill Will Hit Your API Invoice — DEV Community — AI
  6. Alphabet, Meta, Microsoft, Amazon, Oracle commit over $3 trillion to AI spending — Techmeme
  7. Big Tech commits over $3 trillion to AI infrastructure build-out — The Next Web
  8. OpenAI lowers latest funding round target to $20 billion from $30 billion — Financial Times AI

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