The Nasdaq Composite dropped 2.86% on October 30, marking its steepest single-day percentage decline since June 5. The sharp fall came after disappointing earnings from major technology companies, including Intel and Amazon.
The decline reflects growing concerns among investors about the massive spending on Artificial Intelligence (AI) infrastructure and whether these investments will generate enough returns in the future.
Big tech companies are investing billions of dollars in AI chips, data centres and infrastructure. However, investors are becoming cautious as the returns from these investments remain uncertain.
The Nasdaq has now fallen 7.8% from its record closing high of October 6, showing increasing pressure on technology stocks.
Rising AI costs and uncertain returns are creating nervousness among investors, raising questions about whether the AI-driven market rally can continue.
US stock markets mein October 30 ko sharp selling dekhne ko mili. Nasdaq Composite 2.86% gir gaya, marking its biggest single-day decline since June 5. Meanwhile, S&P 500 bhi 1.82% down raha aur Dow Jones 1.09% decline ke saath close hua.
Is market fall ki major reason Intel aur Amazon ke disappointing earnings rahe. Intel ke shares mein 28.6% ki sharp fall aayi, while AMD aur Nvidia jaise other tech stocks par bhi pressure dekha gaya.
Investors ab Big Tech companies ke massive AI investments ko lekar concerned hain. Companies AI chips, data centres aur infrastructure par billions of dollars spend kar rahi hain. Lekin investors ko doubt hai ki kya ye investments future mein sufficient returns generate kar paayengi.
Nasdaq ab October 6 ke record closing high se 7.8% down aa chuka hai.
AI boom ke beech investors ab sirf growth nahi, balki profitability aur actual returns par bhi focus kar rahe hain.