Markets
IBM Stock Plunges After Profit Warning, AI Spending Shifts Blamed
IBM's stock experienced its worst day in decades after the tech giant warned of a projected profit shortfall, attributing the miss to...
#ai spending 3 articles
Markets
Nasdaq Drops 2.2% as AI Spending, Higher Rates Fuel Tech Sell-Off
Global tech stocks saw a significant downturn, with the Nasdaq index falling 2.2 percent, driven by concerns over massive AI capital expenditure...
Stocks
Meta Shares Tumble as AI Spending Concerns Grip Investors
Meta's stock dropped 7% as investors grew wary of Big Tech's massive AI investments, while rivals showed early returns.