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Stocks plunge as Amazon, Intel and Alphabet fuel a broad tech sell-off

US stocks plunged in the final trading day of the month as earnings from Amazon ( AMZN ) and Alphabet ( GOOG , GOOGL ) this week rekindled concerns about the amount of money Big Tech is spending on its AI ambitions. The Nasdaq Composite ( ^IXIC ) tumbled 3.3% as a tech-fueled sell-off intensified. The Dow Jones Industrial Average ( ^DJI ) fell 1%, or over 500 points, while those on the S&P 500 ( ^GSPC ) dropped 2%. Stocks fell for the second day in a row after Amazon and Alphabet posted rare ear

30 Oct 2026 11:50 pm

Nvidia denies report that its CEO was targeted in alleged Chinese spy plot

Nvidia, a top chipmaker, is denying a report that its CEO, Jensen Huang, was allegedly targeted in a Chinese spy plot. According to a New York Times report published Thursday, U.S. intelligence officials allegedly determined that a top executive at a Singapore-based data center company who developed a close relationship with Huang was funneling information to Chinese officials in Beijing. The executive was identified by the Times as Alice Huang, who was pictured together with the Nvidia CEO in 2

30 Oct 2026 9:34 pm