US stock markets take a dip as big tech AI spending worries investors

US stock markets led by Nasdaq tumbled on Thursday after Microsoft and Meta earnings ignited investor concerns about the sector prospects amid rising AI costs. The Nasdaq Composite, which is dominated by tech stocks, saw 2.3% of its value wiped out while the Standard and Poor 500 (S&P 500) sank 1.4%. The Dow Jones Industrial

Source: Cryptopolitan