# Nasdaq faces $2 trillion October wipeout as AI spending fears deepen

https://mins.news/en/item/123071

- Reuters, 2026-10-30 20:35 UTC
- Economy
- Original: https://www.reuters.com/business/media-telecom/nasdaq-faces-2-trillion-wipeout-october-ai-spending-fears-deepen-2026-10-30/?link_source=ta_bluesky_link&taid=6ae4ff7f53aa080001e55ece

> Big Tech earnings have intensified scrutiny over whether billions of dollars invested in artificial intelligence can generate returns quickly enough. The tech-heavy Nasdaq 100 is poised to lose more than $2 trillion in market value this month.

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