Home Business News Wall Street closes sharply lower as AI cash burn fears spark tech selloff

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

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

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Published: October 31, 2026 20:04:11 IST

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By Stephen Culp and Purvi Agarwal NEW YORK, Oct 30 (Reuters) – US stocks tumbled on Friday, with the Nasdaq suffering its largest one-day percentage drop since June 5 following disappointing quarterly

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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