Nasdaq falls 2.6% as AI spending fears hit tech stocks, oil prices jump

Impact · against what's priced in

The broad tech sell-off represents a negative catalyst for AI-adjacent names, as the market begins to challenge the sustainability of high-intensity infrastructure spending. Meta faces the most direct pressure due to a pivot toward cash outflows and share issuance to fund AI, while chipmakers see their growth trajectories questioned.

META−0.70

Challenges what's priced in

The price assumes