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Nasdaq Futures Fall as Tech Struggles on Earnings: Markets Wrap

Bloomberg Markets·October 29, 2026·1 min read

Nasdaq futures fell as technology stocks looked set for further losses, driven by another round of disappointing earnings that fueled a rotation out of the artificial intelligence trade. Heavy spending on AI raised doubts about returns from those investments, prompting investors to shift away from tech. The market's focus remains on earnings season and the sustainability of AI-driven growth.

Read at Bloomberg Markets
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