Macro Finance
Nasdaq 100 Falls as Alphabet’s Sales Fuel AI Angst: Markets Wrap
Bloomberg Markets·October 28, 2026·1 min read
The Nasdaq 100 fell as disappointing earnings from two tech heavyweights, including Alphabet, revived doubts about whether massive AI spending will yield sufficient returns. The global tech rally faltered, with investors questioning the payoff from billions invested in artificial intelligence. The decline reflects growing skepticism about AI's near-term profitability.
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