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Tech Selloff Deepens: Alphabet, Meta, Netflix Slide on AI Spending Fears

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Nasdaq slid on AI spending fears as Alphabet's Gemini delay and Meta's lawsuit/spending worries weighed on tech.
  • Netflix tumbled 8.5% on tepid results.
  • Oil jumped 3.6% on escalating U.S.-Iran conflict, while Dow held up on strong insurer earnings.
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META price history

648.03 +5.98% over the displayed period

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