USSTOCK.TODAY
Pre-Market
Log in Sign up

Nasdaq Composite falls 614 points as tech sell-off resumes

Schaeffer's Research +1 ·

META Meta Platforms Inc
$648.85 -6.98%
View chart & analysis →
CRWV -10.06%
  1. 1The Nasdaq Composite Index (IXIC) fell 614 points due to concerns over oil prices and artificial intelligence (AI) capital expenditures.
  2. 2Meta Platforms Inc weighed on large-cap tech stocks.
  3. 3CoreWeave Inc led neo-cloud stocks lower.

So what's the key point?

The Nasdaq index dropped 614 points due to worries about oil prices and artificial intelligence investment. Meta Platforms and CoreWeave led the decline in tech stocks.

Source Schaeffer's Research +1 · View original ↗

Related 3-line summaries

Bond market issues warning over capital expenditure for AI infrastructure construction The Motley Fool +1 · 1h agoMeta Q3 revenue grows 26%, beating expectations The Motley Fool +1 · 1h agoGlobal equity funds see net inflows for fifth consecutive week Reuters · 1h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news