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‘Continuation of Concern’: AI-Fuelled Sell-Off Wipes US$1t From Big Tech

Concerns over costly AI investments and weak economic signals led to a nearly $1 trillion drop in major US tech stocks, including the Magnificent Seven, this week.

Summary by NZ Herald
Nearly US$1 trillion ($1.8t) has been wiped off the value of Wall Street’s most valuable tech companies this week over concerns about the rocketing...

9 Articles

US tech stocks plunge: AI giants lose $800 billion in valueUS tech companies have been hit by significant price drops in the past week. According to the Financial Times, eight of the largest AI giants have

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NZ Herald broke the news in Auckland, New Zealand on Friday, November 7, 2025.
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