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AI Spending Fears Hammer Big Tech Stocks

Bloomberg·October 31, 2026

Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible. (Source: Bloomberg)

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AI Spending Fears Hammer Big Tech Stocks — TopNewsOn