24 Hrs
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الاقتصادية
Source: الاقتصادية
24 Hrsالاقتصادية
Source: الاقتصادية
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U.S. stocks ended sharply lower on Friday, led by the Nasdaq, which fell 2.86%, amid growing doubts about technology companies’ ability to turn their massive AI spending into profits. Intel shares plunged 28.6% after the company issued a forecast below analysts’ estimates. Concerns were reinforced by Amazon reporting negative free cash flow of $42.4 billion over the previous 12 months, while the Nasdaq fell 5.3% in October. These indicators do not establish that the AI bubble has begun to deflate, but they reflect a shift among investors—from betting on expected growth to demanding tangible financial returns that justify the spending and elevated valuations.
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