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US Tech Stocks Slide As AI Spending Concerns Weigh On Investor Sentiment

US stock markets came under renewed pressure on Friday as investors grew increasingly concerned about the rising costs of artificial intelligence infrastructure and the impact of heavy technology investments on corporate earnings. The technology-heavy Nasdaq Composite opened 2.5 per cent lower, touching its weakest level in more than two months, as losses across major technology []

30 Oct 2026 10:24 pm