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Friday, October 30, 2026

Tech stocks set to wipe out $1 trillion in value as concerns about the AI boom deepen

Futures that track the broader S&P 500 also fell by more than 1% early Friday. Tech stocks plunged Friday morning, putting the Nasdaq 100 index on course for a more than $1 trillion drop when the opening bell rings at 9:30 am ET in New York. Leading the declines were shares of Amazon, which fell 7%, …

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