Categories: World

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

(Recasts with preliminary close of trading) * Nasdaq posts largest one-day percentage drop since early June * Intel slides after reporting big cash burn * Crypto firms slide…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 31, 2026 01:30:48 IST

(Recasts with preliminary close of trading) * Nasdaq posts largest one-day percentage drop since early June * Intel slides after reporting big cash burn * Crypto firms slide after reports that hackers

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

Published by
Published: October 31, 2026 01:30:48 IST

Recent Posts

S&P Global revises Meta's outlook to 'negative' on AI spending, cash flow worries

Oct 30 (Reuters) - S&P Global Ratings on Friday revised its outlook on Meta Platforms…

October 31, 2026

Midterm US elections, earnings, jobs data loom for AI-wary stock market

By Lewis Krauskopf NEW YORK, Oct 30 (Reuters) - US midterm elections, a heavy slate…

October 31, 2026

Vacherot, Fritz, Lehecka and Struff make the Swiss Indoors semis

VIDEO SHOWS: ATP 500 SWISS INDOORS BASEL QUARTER-FINALS HIGHLIGHTS RESENDING WITH COMPLETE SCRIPT SHOWS: BASEL,…

October 31, 2026