Tech sell-off erases nearly $1tn from Nasdaq after disappointing AI earnings
Briefing by News4U · First published
The Guardian Business reported that a sell-off of tech stocks drove US markets down by nearly $1tn on Friday after disappointing earnings from leading tech companies, with the Nasdaq composite falling more than 3% and the S&P 500 dropping over 1%. [1]
Sources
- Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports
The Guardian Business · · Full text