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Tech Stocks and US Futures Fall as Disappointing Earnings Deepen Selloff Over AI Spending

By ChordNews · First written

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Summary

Tech stocks and US equity futures fell as another batch of disappointing earnings intensified the selloff in the sector. Investors are increasingly questioning the payoff from massive artificial intelligence spending. The reporting came as markets opened across Europe, in a Bloomberg Markets video segment called The Opening Trade, hosted by Anna Edwards, Guy Johnson and Tom Mackenzie, which broke down the day's biggest stories and spoke with guests.

This continues an earlier story: Healey's First UK Budget Draws Criticism Over Ambition, Which He Defends

Later: UBS Cuts About 200 London Jobs as Credit Suisse Integration Nears End · US Stock Futures Rise After $3 Trillion AI-Linked Selloff on Data Center Regulation Worries

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that tech stocks and US equity futures fell as another batch of disappointing earnings intensified the sector's selloff, as investors increasingly question the payoff from massive artificial intelligence spending.

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