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Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concerns

Covered by 2 outlets ·First reported ·Updated
Economic TimesNasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concerns
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U.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, borrowing expenses and profitability. Technology stocks slumped, while investors reassessed AI valuations, capital…

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