AI doubts drag Nasdaq down
📡 Bloomberg Markets · 1 min read ·
Part of composite article AI Spending Panic Wipes $1 Trillion Off Nasdaq as Investors Flee to Bonds View full article →
The Nasdaq 100 fell as investors questioned whether huge AI spending by hyperscalers — the largest cloud and data-center operators — will earn enough in return. Bloomberg's Sunny Bangia says worries about cash flow are driving the market's moves.