Tech stocks tumble for a second day. Here's what is behind the selloff.
CBS News
—
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
Global Tech Stocks Plunge as AI Trade Falters
- Tech stocks tumble on concerns over AI spending BBC News —
- US stocks plunge in global tech rout The Telegraph —
- US Chip Stocks Plunge as AI Selloff Ripples Across From Asia ๐น Bloomberg — ยท 5min
- Asian stocks are mixed after big tech sell-off The Independent —
- Global stocks plunge as tech sell-off deepens Washington Post —