AI debt fears wipe $1 trillion off Nasdaq
📡 CBS News (top stories) · 1 min read ·
Part of composite article AI Spending Panic Wipes $1 Trillion Off Nasdaq as Investors Flee to Bonds View full article →
Nasdaq fell 750 points on Tuesday as investors questioned how AI companies will repay the debt they are taking on to fund data centers and chips. Wall Street analysts say the sell-off reflects growing concern that AI spending is outpacing earnings.