Big Tech is again slammed into a wall on Wednesday
A big slump in some of the megacap technology names was again putting pressure on the broader stock market on Wednesday. The S&P 500's communication-services sector was tumbling 2.7% as of 10 a.m.
Stock market decline: Alphabet, AMD earnings spark Nasdaq, S&P 500 dip
US stocks opened lower Wednesday as the Nasdaq and S&P 500 felt impact from Alphabet, AMD and renewed AI worries.
'Our tech stocks have done well': We're in our mid-50s and 85% invested in stocks. Is this too aggressive over the next 10 years?
We're 85% stocks and invest moderately aggressively. Our funds and our tech stocks have done well over the years. My husband doesn't want to retire until he's 70, which is 14 years from now. My ...
Stock Market Today: Nasdaq to lead Dow, S&P 500 lower as Alphabet revives Big Tech spending concerns; AMD stock slumps; Qualcomm earnings on tap.
Follow all the latest U.S. market action for Wednesday here as Big Tech stocks again come under pressure on capex concerns.