# Nasdaq hits three-month low on AI concerns

Nasdaq drops 2.48% amid AI-related concerns. Amazon and Intel face nearly $200 billion in market value losses. Tech stocks see selloff due to AI spending and cash-burn warnings.

https://www.business-standard.com/world-news/nasdaq-hits-near-three-month-low-as-amazon-intel-rattle-ai-trade-126103001910_1.html

Image: https://bsmedia.business-standard.com/_media/bs/img/hp/home-page/2026-10/30/9343/full/breaking_news.jpg

#nasdaq #ai #tech #market

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Created: 2026-10-30T17:32:46.108554+00:00

Last edited: 2026-10-30T17:32:46.108554+00:00

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Origin: Syndicated

Original source: https://www.business-standard.com/world-news/nasdaq-hits-near-three-month-low-as-amazon-intel-rattle-ai-trade-126103001910_1.html