EconomyAI Spending Fears Trigger Major Tech Stock Sell-Off on Wall Street
US tech stocks plummeted as investor concerns over the sustainability of massive AI spending grew, leading to significant drops in major indices like the Nasdaq and S&P 500. The sell-off impacted most "Magnificent 7" companies, with Meta, Amazon, and Nvidia among those experiencing substantial losses.
Al Jazeera English|October 23, 2026 