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US stocks today: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloff

Covered by 2 outlets ·First reported ·Updated
MintUS stocks today: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloff
Image: Economic Times

US stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending and uncertain returns. The Nasdaq recorded its biggest single-day percentage decline since June 5. Technology stocks…

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