Big Tech Faces Turbulence as AI Spending Concerns Trigger Stock Selloff

Technology News

Big Tech Faces Turbulence as AI Spending Concerns Trigger Stock Selloff

The Straits Times

Wall Street closes sharply lower, as AI cash burn fears spark tech selloff

10/31/2026

Wall Street closes lower as AI cash burn fears and weak Intel and Amazon results trigger a tech selloff.

CTech

Google, Amazon and Intel stumble as investors begin to question the price of the AI boom

10/31/2026

The latest earnings reports have shifted attention from the promise of artificial intelligence to the enormous costs of building it, sending the Nasdaq toward one of its sharpest monthly declines...

Bloomberg

Alphabet, Amazon, Meta Report Negative Free Cash Flow After Heavy AI Investment

10/31/2026

The last two weeks were supposed to bring some clarity to a stock market wobbling on a series of risks, particularly doubts about heavy spending on artificial intelligence, as a series of...

The New York Times

Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

10/31/2026

Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

The Information

U.S. Stocks Dive on AI Spending Fears

10/30/2026

U.S. stocks dropped sharply Friday as disappointing quarterly results from Amazon and Intel intensified the tech selloff of the past two days. The Nasdaq Composite dropped almost 3%, while the S&P...

CNBC

Amazon slides 7%, Intel plunges 25% as tech pressure mounts after earnings

10/30/2026

Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.

Semafor Technology

Amazon and Intel post worse-than-expected results

10/30/2026

Investors have grown wary of the AI trade as surging debt and financing costs outpace revenues and push firms into negative cash flows.

Bloomberg

Tech Stocks Poised to Drop After Amazon Adds to AI Spending Fear

10/30/2026

Tech stocks were poised to drop after Amazon.com Inc. reported greater capital spending than anticipated and the slowest growth in the core e-commerce business in three years.

BBC

US tech stocks see sharp falls as AI spending nears $1tn

10/30/2026

Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.

Los Angeles Times

AI stock selloffs fuel fears Big Tech’s best quarters are over

10/30/2026

Companies such as Intel and ServiceNow saw massive drops in their share prices this week as financial results spook investors, dragging down the U.S. stock market.