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Business, Funding & Policy ยท first seen 30 October 2026, 10:27 UTC

Tech stocks slide as Amazon adds to AI spending fears

Investor reaction to AI capex shows markets questioning whether spending will pay off.

Tech stocks fell after Amazon reported higher-than-expected capital spending and its slowest core e-commerce growth in three years. Nasdaq faced a $2 trillion October wipeout as AI spending fears deepened; Amazon tapped an $80B supplier loan facility.

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