Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen — Live Feedhttps://www.live-feeds.com/feed/nasdaq-faces-2-trillion-wipeout-in-october-as-ai-spending-fears-deepenContinuously updated, source-cited coverage. Nasdaq 100 faces $2 trillion market value loss in Octoberhttps://www.live-feeds.com/feed/nasdaq-faces-2-trillion-wipeout-in-october-as-ai-spending-fears-deepenhttps://www.live-feeds.com/feed/nasdaq-faces-2-trillion-wipeout-in-october-as-ai-spending-fears-deepen#u177857Thu, 05 Nov 2026 16:10:44 +0000The Nasdaq 100 is set to lose more than $2 trillion in market value this October as investors question the return on massive artificial intelligence investments. The index has fallen over 5.8% during the month, driven by a selloff in tech stocks. Market volatility intensified after Amazon and Intel reported earnings, while hyperscalers including Alphabet and Meta Platforms increased their AI infrastructure spending forecasts. This downturn has resulted in three consecutive weeks of losses for AI-focused dip-buyers.Why it mattersThe selloff reflects a broader AI reckoning on Wall Street regardi