U.S. Stocks Dive on AI Spending Fears

T1Covered by 1 source · first reported by The Information (teasers) at 30 Oct, 22:31 UTC

U.S. stocks dropped sharply Friday as disappointing quarterly results from Amazon and Intel intensified the tech selloff of the past two days. The Nasdaq Composite dropped almost 3%, while the S&P 500 dropped almost 2% and the Dow Jones Industrial Average dropped 1%. The tech-heavy Nasdaq ...