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EconomyBig Tech loses nearly $900bn as soaring AI spending sparks sell-off

Cash burn at Google, Amazon and Meta is prompting Wall Street to question the value of the AI boom. Big Tech companies have shed nearly $900bn in a sell-off.

technology stocksartificial intelligencecorporate spending

FFinancial Times★★★☆☆2026-10-30 10:00Original

Big Tech loses nearly $900bn as soaring AI spending sparks sell-off
Economy