A tech-stock sell-off that began earlier this month deepened Friday after disappointing earnings, taking nearly $1tn off the Nasdaq in one week and about $2tn in a month, as investors question whether AI spending can pay off quickly enough. The Guardian
the GuardianTech sell-off drives US markets down by nearly $1tn after subpar earnings reportsBig tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough
Is this a pause in the AI build-out or the start of a longer reassessment of what it can earn?