AI bubble watch: Spooked market sparks $1 trillion Friday tech sell-off
Are investors already getting weary of tech's golden goose, artificial intelligence?
On Friday, tech stocks took a hit on Wall Street, and the underlying cause seems to be alarm over record AI infrastructure spending. Microsoft, Amazon, Alphabet, Nvidia, Amazon, Meta, and Oracle were among just some of the companies whose falling shares accounted for $1 trillion in losses from Big Tech stocks, as CNBC reported.
Big tech companies like Amazon and Google have been furiously ramping up...