The stock market suffered another round of losses Thursday, with a slide in technology stocks and the price of bitcoin acting as sources of pain. Late Thursday, Amazon (AMZN) dropped sharply after posting mixed fourth-quarter results and issuing higher-than-expected plans for its capital spending. The Dow Jones Industrial Average declined 592 points, or 1.2%. The S&P 500 also fell 1.2%,…
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Stock Market Sells Off As Rising AI Spending Plans Rattle Investors; Amazon Dives
The stock market suffered another round of losses Thursday, with a slide in technology stocks and the price of bitcoin acting as sources of pain. Late Thursday, Amazon (AMZN) dropped sharply after posting mixed fourth-quarter results and issuing higher-than-expected plans for its capital spending. The Dow Jones Industrial Average declined 592 points, or 1.2%. The S&P 500 also fell 1.2%,…