Bloomberg
Nasdaq Drops as Doubts Grow Over AI Spending
Friday, October 23, 2026
The Nasdaq 100 declined on March 15, 2026, amid investor concerns about return on investment from large technology companies' artificial intelligence spending. Bloomberg reported that cash-flow concerns were a factor in the market movement. The Nasdaq 100 closed down 2.3 percent to 19,847.52.
Original reporting:
- Bloomberg — Nasdaq Drops as Doubts Grow Over AI Spending