BusinessPhoto: Mint MarketsWall Street Falls on AI Cash Burn Fears, Tech Stocks Slide
US stocks fell sharply on October 30, with the Nasdaq dropping 3.4% to a three-month low after disappointing quarterly results from Intel and Amazon. Concerns grew over heavy spending by AI-related companies and uncertainty about when their cash burn will yield returns. Major chip stocks Nvidia and AMD also declined significantly, contributing to a broad tech selloff.
Mint Markets··New York




