Nasdaq Outlook: Is the worst over for AI-fuelled tech stocks?

Wall Streets AI-led rally faced a sharp setback as the Nasdaq recorded its biggest single-day fall since June. Heavy losses in technology stocks reflected growing investor concerns over hyperscaler spending and the returns on artificial intelligence investments.

Nov 2, 2026 - 11:00
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Nasdaq Outlook: Is the worst over for AI-fuelled tech stocks?
Wall Streets AI-led rally faced a sharp setback as the Nasdaq recorded its biggest single-day fall since June. Heavy losses in technology stocks reflected growing investor concerns over hyperscaler spending and the returns on artificial intelligence investments.

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