Stock market
Nasdaq dives 750 points as investors reassess AI spending
Investors are fretting over the massive debt AI companies are relying on to finance data center and chip spending, Wall Street analysts say.
Related discussion groups
No group discusses this yet. Start a discussion group and attach this story.
More news about United States of America
- Meta’s deal to keep Zuckerberg in California adds fuel to wealth tax debate ahead of electionWith less than two weeks before the midterm elections, Meta made clear that Mark Zuckerberg is staying in California if the wealth tax passes.
- Congressional Bills H.R. 952 and H.R. 7022 Signed into LawOn Thursday, October 22, 2026, the President signed into law: H.R. 952, the “Reversionary Interest Conveyance Act,” which directs the Department of the Interior to convey the reversionary interest...
- AEVEX Announces Third Quarter 2026 Earnings Results, Conference Call and Participation in Upcoming Investor ConferencesSOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) today announced the date for the release of its financial results for the third quarter ended September 30, 2026, and its participati...
- Upland Software Sets Third Quarter 2026 Earnings Conference Call for November 5, 2026 at 8:30 a.m. E.T.AUSTIN, Texas--(BUSINESS WIRE)--Upland Software, Inc. (Nasdaq: UPLD) (“Upland” or the “Company”) today announced it will hold a conference call on Thursday, November 5, 2026, at 8:30 a.m. Eastern t...
- New York City Council Votes to Ban Horse-Drawn Carriages by 2028New York’s City Council voted to ban horse-drawn carriages, ending a Central Park tourist staple dating to the 19th century after years of debate over the horses’ place on city streets.
- Trump blasts basketball star LeBron James for not standing still during US anthemUS President Donald Trump on Thursday accused LeBron James of disrespecting the United States after the NBA star appeared to continue his warm-ups while the national anthem was performed before Phi...
- Mark Zuckerberg Plots Deal to Pay Wealth Tax, Keep Meta ControlMark Zuckerberg had a dinner-table ultimatum with his board, which came after months of wrangling over the company's financing needs and a proposed California wealth tax. Meta will offer a new clas...
- Bank of America CEO honored at $32M fundraising event against antisemitismThe New York City benefit drew more than 800 attendees and raised a record $32 million in the fight against antisemitism and other forms of hate.
More on Stock market
- Oil prices approach Iran-war highs as soaring tanker rates trigger a second energy squeezeWall Street may be starting to price in the scenario everyone fears: a full-scale regional conflict that could further choke off global energy supplies and unleash a fresh wave of turmoil across fi...
- KQC Quantum, Inc. and Charlton Aria Acquisition Corporation Announce Shareholder Approval of Business Combination Deadline ExtensionWILMINGTON, Del. & BUSAN, South Korea--(BUSINESS WIRE)--KQC Quantum, Inc. (“KQC Parent”), the Delaware parent company of Korea Quantum Computing Co., Ltd. (“KQC” or the “Company”), which helps ente...
- Shopify-Like IPO Successes Becoming Rare in Canada, Nowlan SaysCanada will struggle to find another stock-market success story like Shopify Inc. as the country grapples with a public-listing drought and a delisting trend, according to Daniel Nowlan at National...
- Moderna, Merck Fall After Melanoma Data LeakModerna and Merck shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. Michelle Fay Corte...
- AI投資負担・中東情勢緊迫でNY株式市場揺れる…ナスダック2.6％急落22日（現地時間）、ニューヨーク株式市場の主要指数は、ハイテク株の売り圧力と中東発の地政学的危機感が重なり、大きく揺れた。巨大ハイテク企業（ビッグテック）は人工知能（AI）の主導権を握るため天文学的な資金を投じているが、それに見合う収益を適時に上げられるのかという投資家の懸念が強まった。さらに、来月の米中間選挙が終われば、イランなど中東地域で武力衝突が再び激化しかねないとの警告が出る中、国際...
- OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investors OpenAI is close to finalizing a new funding round that is meant to be a bridge to its 2027 IPO, sources familiar with the matter tell CNBC.