Stock market today: Nasdaq dives over 3%, S&P 500 and Dow tank as AI reckoning grips Wall Street
US stocks plunged in the final trading day of the month as earnings from Amazon (AMZN) and Alphabet (GOOG, GOOGL) this week rekindled concerns about the amount of money Big Tech is spending on its AI ambitions. The Nasdaq Composite (^IXIC) tumbled 3.3% as a tech-fueled sell-off intensified. The Dow Jones Industrial Promedio (^DJI) fell … Read more