https://www.live-feeds.com/feed/tech-stocks-wipe-out-1-trillion-in-value-as-concerns-deepen-about-the-ai-boomContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/tech-stocks-wipe-out-1-trillion-in-value-as-concerns-deepen-about-the-ai-boomhttps://www.live-feeds.com/feed/tech-stocks-wipe-out-1-trillion-in-value-as-concerns-deepen-about-the-ai-boom#u169532Mon, 02 Nov 2026 09:40:27 +0000Wall Street faces a severe tech stock selloff, putting the Nasdaq 100 index on course to lose more than $1 trillion in value at the opening bell in New York. Investors are aggressively questioning financial returns on massive artificial intelligence spending. Five tech giants are slated to spend up to $828 billion this year on infrastructure, which is eating into cash flow and rattling markets. Despite positive earnings reports from certain companies, the broader tech sector slump is accelerating as earnings misses further fuel deep Wall Street selloffs while the broader market holds on.Why it