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Stocks tumble as Alphabet (-7%) and Tesla (-13%) crash on earnings/capex concerns, dragging Magnificent 7 lower. Oil surges 6%+ on Houthi attacks on Saudi tankers, boosting energy stocks. Strong labo…
Amazon's stock enters a bear market amid investor fears over massive AI-related capital expenditures that may hurt cash flow and profits, echoing concerns from its early AWS and Prime investments nea…
Magnificent Seven tech stocks fall on AI investment concerns; Amazon and Microsoft enter bear markets, while Tesla outperforms amid optimism about future robotaxi plans.
Amazon and Microsoft shares have fallen over 20%, entering bear markets due to investor concerns over excessive AI spending and capital expenditures, raising doubts about their AI investment returns.
Amazon's shares fell over 2% amid an eight-day losing streak, declining more than 16% since early 2019 and nearly 19% over the past month, trailing only Apple among the 'Magnificent Seven' tech stock…
U.S. tech stocks dropped amid risk-off sentiment with Nvidia, Meta, and Tesla leading losses. Bitcoin plunged 6%, deepening crypto weakness as the market faces macro uncertainties ahead of the Fed me…