Macro Finance
Nasdaq 100 Falls 1.5% as AI Trade Shows New Cracks: Markets Wrap
Bloomberg Markets·October 28, 2026·1 min read
The Nasdaq 100 fell 1.5% as disappointing earnings from two major tech firms reignited doubts about the returns from massive AI investments. A global rally in technology shares stalled, reflecting investor concerns that billions spent on AI may not generate sufficient profits, prompting a sell-off in the sector.
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