Macro Finance
Tech Stocks Fall as Earnings Disappoint, Oil Drops: Markets Wrap
Bloomberg Markets·October 28, 2026·1 min read
A global rally in technology shares stalled after disappointing earnings from two industry heavyweights revived doubts over whether billions of dollars in AI spending will deliver sufficient returns. Oil also fell, adding to market jitters. Investors are reassessing the profitability of AI investments as major companies report weaker-than-expected results.
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