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

https://mins.news/en/item/122200

- Financial Times, 2026-10-30 10:00 UTC
- Economy
- Original: https://www.ft.com/content/c695558e-11e6-494c-aeee-0f9fb5c75afc?syn-25a6b1a6=1

> 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.

## Related coverage

- [After a brutal sell-off, what comes next for Google, Amazon and other Big Tech giants?](https://mins.news/en/item/122149) — South China Morning Post, 2026-10-30
- [Google’s historically bad day fuels fears the AI bubble could burst](https://mins.news/en/video/121766) — NBC News, 2026-10-30
- [Google loses $500bn in value as AI fears shake Wall Street](https://mins.news/en/item/121911) — BBC News, 2026-10-29
