8 Hrs
Source:
الاقتصادية
_1777294237270_124456903.png&w=64&q=75){kind=small}
S&P and Nasdaq Fall on AI Concerns
U.S. stocks declined on Thursday, with the Nasdaq dropping by 2.58%, marking its largest decline since June, amid fears that reports from major companies related to artificial intelligence could impact the market. Despite Meta’s earnings surpassing expectations, its share price fell due to expenses related to AI and plans to issue non-voting shares to fund emerging technologies. Tesla also registered positive cash flow amid reduced capital expenditure plans, but the market noted a decline in the technology sector, which had been a market star until June. The S&P 500 closed down by 92.40 points (1.19%), while the Dow Jones appeared to remain relatively stable.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)