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Tech Stocks See Worst Day Since June, Pressuring Broader Market
The Nasdaq and the S&P 500 had their worst day since June as investors worried about spending on A.I. infrastructure.
© The New York Times
© The New York Times
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U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business
The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.
A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.
© Loren Elliott for The New York Times
Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.
Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.
Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
© Nathan Howard for The New York Times
