Big banks post strong Q3 profits, but warn higher rates and inflation could bite

AI stock sell-off ramps up over debt-fueled data center spending fears: ‘Full-blown crisis of confidence’

Tech and AI-related stocks slumped Friday, poised for their worst week since July as fears mount that the debt-fueled data center buildout won’t pay off.

How major US stock indexes fared Friday 10/16/2026 – WTOP News

Stocks closed lower on Wall Street as more drops for big tech companies weighed on the market. The S&P 500 lost 1.1% Friday, and the Nasdaq composite sank 2.1%. Both posted their worst week since June. The Dow Jones Industrial Average didn’t do as badly, and fell 0.3%. Chip companies pulled back some more as...

Tech stocks tumble as AI debt fears rattle Wall Street

Wall Street is pulling back from chipmakers and other tech companies amid concerns about the debt incurred to build out AI.

Nasdaq sinks more than 2% as investors raise questions about AI debt

By John Towfighi, CNN New York (CNN) — Tech stocks are having a tumultuous week as concerns, including higher interest rates and mounting AI debt, continue to weigh on investor sentiment.The Nasdaq Composite fell roughly 2.5% on Friday, bringing its weekly losses to almost 5% and putting the tech-heavy index on track for its worst

Markets split on disappointing inflation data

Inflation came in double what economists had predicted, causing Wall Street indices to move in divergent directions.

AI Chip Stocks Lose $1 Trillion as Intel and Broadcom CEOs Warn of a Looming Funding Crisis

Semiconductor shares have fallen sharply as investors question AI spending returns, while industry executives warn that expensive borrowing and tighter financing could delay infrastructure projects.