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Nasdaq futures drop 2% as AI cost fears, Fed outlook weigh; SpaceX slips 5%
Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed by debt. Mega-cap tech giants and semiconductor firms saw significant premarket drops. Global markets mirrored the cautious sentiment, with crude oil and precious metals also declining. Investors are closely watching upcoming inflation data and developments in the Middle East.
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forbes.com
U.S. Futures Slump Over Selloff In Tech And Chipmaker Stocks
Key U.S. tech stocks slumped in premarket trading after a massive selloff in AI and tech stocks in Asia.
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economictimes.indiatimes.com
US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloff
Wall Streets AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate sufficient returns. While hyperscalers such as…
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Global Market | European shares slip on Fed hike bets, tech drag
European markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI investments. The STOXX 600 index saw a…
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channelnewsasia.com
Stocks drop as Fed rate bets hit tech royalty; dollar gains
LONDON, June 23 : Global stocks fell on Tuesday, led by broad-based declines in technology shares, including SpaceX, as growing expectations for the Federal Reserve to be more…
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fortune.com
Markets tumble worldwide as Fed resets interest rate expectations: $400 billion wiped off SpaceX stock | Fortune
Everything you need to know before you reach the office this morning.
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Nasdaq futures drop 2% as AI cost fears, Fed outlook weigh; SpaceX slips 5%
Wall Street futures plunged Tuesday, led by tech and chip stocks, as investors braced for potential U.S. interest rate hikes and fretted over soaring AI-related spending financed…
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Dow Jones| Nasdaq | US Stock Market Today | Live: Nasdaq futures sink nearly 3% amid AI spending worries, hawkish Fed bets - The Economic…
Dow Jones Today | US Stock Market Live: Investors are keeping a close eye on developments in the Middle East after the US waived sanctions on Iran for 60 days after the first…
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swissinfo.ch
Stocks Get Hit by Tech Losses as AI Worries Spread: Markets Wrap
(Bloomberg) -- Global stocks slumped, with Nasdaq 100 futures falling 2.9%, as concerns about frothy valuations ignited a fresh bout of volatility following a two-month surge in…
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hindustantimes.com
US stock market: Why are Wall Street futures falling today? AI fears trigger global tech selloff
US stock market today: S&P 500, Nasdaq and Dow Jones move as investors track tech stocks, inflation concerns, Fed outlook and major market trends.
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US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mount
Indian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Federal Reserve's potential hawkish stance.…
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huffpost.com
Sharp Drops In Big Tech Companies Pull The Nasdaq Down In Early Trading
Technology stocks were the biggest weights on the market, especially companies that have seen their values surge amid the frenzy over artificial intelligence technology.
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irishtimes.com
Nasdaq falls 2% as Big Tech leads sell-off in global stocks
Interest rate fears hit high-flying sectors as oil prices hold steady