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Wall Street sell-off deepens as investors question returns on ‘monster AI splurge’

Wall Street sell-off deepens as investors question returns on ‘monster AI splurge’
Photo: KVIA ABC-7 · view original

By Lucy Bayly, John Towfighi, CNN (CNN) — Wall Street suffered a steep day of losses Friday after the latest tech earnings reignited concerns that massive spending on AI may not deliver the returns that investors expect. The Nasdaq Composite dropped 3.1%, while the S&P 500 fell 1.9% — each set fo...

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