Categories: Business

Nasdaq set for sharp drop as Amazon, Intel amplify AI spending worries

By Shashwat Chauhan and Tharuniyaa Lakshmi Oct 30 (Reuters) – The tech-heavy Nasdaq was set for steep losses at Friday's open after Amazon's aggressive AI spending plan and Intel's cash burn warning

(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

BINANCE'S TENG: WE ARE SHARING A FULL PROOF OF RESERVES REPORT BY MONDAY

BINANCE'S TENG: WE ARE SHARING A FULL PROOF OF RESERVES REPORT BY MONDAY (The article…

5 minutes ago

BP beats forecasts with record profit, targets early settling of Deepwater Horizon bill

By Stephanie Kelly and Shadia Nasralla LONDON, Oct 30 (Reuters) - BP posted a record…

9 minutes ago

Factbox-Where Binance's $6.3 billion breach ranks in crypto's biggest hacks and heists

SINGAPORE, Oct 30 (Reuters) - A security breach at Binance, the world's largest cryptocurrency exchange,…

10 minutes ago

HUMANITARIAN CONVOY CARRYING EVACUATED RESIDENTS FROM RUSSIAN-CONTROLLED OLESHKY IN UKRAINE REACHES CRIMEA – WITNESSES

HUMANITARIAN CONVOY CARRYING EVACUATED RESIDENTS FROM RUSSIAN-CONTROLLED OLESHKY IN UKRAINE REACHES CRIMEA - WITNESSES (The…

10 minutes ago

Intel credit risk gauge hits record high after results

Oct 30 (Reuters) - The cost of insuring Intel's debt against default surged to an…

16 minutes ago

Hearzap Acquires Amplifon India: What the Deal Means for Hearing Care

New Delhi [India], October 30: For someone seeking hearing support, finding a centre is only…

18 minutes ago