AIReutersabout 2 hours ago
Nasdaq Futures Drop Over 1% on AI Worries
16 min read
Nasdaq 100 futures fell 1.7% on October 22, 2026, as Tesla and Meta earnings failed to ease concerns about artificial-intelligence spending. Brent crude jumped above $111 a barrel due to Houthi attacks in Saudi Arabia, creating a volatile session where demand-side AI doubts met supply-side energy shocks amid projected global AI infrastructure spending reaching $1.3 trillion by 2029.
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