Big Tech Stocks Lose Billions as AI Spending Fears Hit Valuations

Big Tech Stocks Lose Billions as AI Spending Fears Hit Valuations

The world’s most valuable technology stocks have suffered sharp declines in market value this year after years of outsized gains, as investors question whether heavy spending on AI will generate sufficient returns to justify the lofty valuations. Microsoft shares have fallen about 17% year-to-date on concerns over risks to its AI business and growing competition from Google’s latest Gemini model and Anthropic’s Claude Cowork AI agent, wiping rou…

Big Tech Loses $1.3 Trillion in 2026 as AI Spending Fears Trigger Microsoft, Amazon, Nvidia Stock Plunge—What’s Happening?

This year, the most expensive technology stocks in the world have seen steep drops in market value as investors doubt that significant investments in AI would provide enough profits to support exorbitant valuations. The combined market valuation of Apple, Alphabet, Nvidia, Amazon, and Microsoft has dropped by over $1.3 trillion since January 2026. Which Tech Stocks Have Been Hit Hardest? This turnaround is indicative of a broader shift in invest…