# US tech stocks tumble as investors fret over AI spending

https://mins.news/en/item/112106

- Al Jazeera, 2026-10-23 03:13 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/10/23/us-tech-stocks-tumble-as-investors-fret-over-ai-spending?traffic_source=rss

> US tech stocks fell sharply as investors questioned whether companies’ huge AI investments can be sustained. The Nasdaq Composite dropped 2.6 percent on Thursday, while the S&P 500 fell 1.21 percent. All but Apple among the “Magnificent 7” posted substantial losses, and the sell-off spread to Asian markets.

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