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Hyderabad News

The Economic Times

Hyderabad / The Economic Times

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Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concerns

U.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, borrowing expenses and profitability. Technology stocks slumped, while investors reassessed AI valuations, capital expenditure and sustainable returns.

30 Oct 2026 3:49 pm