Categories: Business

Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen

(Corrects designation of John Bilton in paragraph 8) By Johann M Cherian and Shashwat Chauhan Oct 30 (Reuters) – More than $2 trillion in market value is set to be wiped from the tech-heavy Nasdaq 100

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Reuters Entertainment News Summary

Following is a summary of current entertainment news briefs. A century on, Budapest circus revives…

25 seconds ago

Wall Street closes sharply lower as AI cash burn fears spark tech selloff

By Stephen Culp and Purvi Agarwal NEW YORK, Oct 30 (Reuters) - US stocks tumbled…

1 minute ago

REUTERS NEWS SCHEDULE AT 6 a.m. GMT/1 a.m. ET

Here are the top stories and upcoming coverage plans for Reuters text service as of…

7 minutes ago

LeBron James' late effort helps 76ers push past Knicks

VIDEO SHOWS: HIGHLIGHTS FROM PHILADELPHIA 76ERS V NEW YORK KNICKS NBA GAME COMPLETE SCRIPT TO…

8 minutes ago

Jamal Murray, Nuggets sink Suns with torrid 3-point shooting

Jamal Murray scored 39 points and made seven 3-pointers, Christian Braun had 29 points and…

12 minutes ago

McDonald's must face lawsuit over McRib, US judge rules

By Jonathan Stempel Oct 30 (Reuters) - A federal judge on Friday rejected McDonald's request…

13 minutes ago