Nasdaq Futures Drop Over 2% Amid Tech Earnings and AI Spending Concerns
Nasdaq futures fell about 2.4-2.5% amid a selloff in technology stocks following disappointing earnings from major companies like Amazon, Intel, and Alphabet. Concerns over slowing growth and increased AI-related spending weighed on investor sentiment. While US futures declined, Asian and European markets showed mixed results. Despite Friday's drop, the S&P 500 and Nasdaq remained on track for weekly gains, though Nasdaq faced its first monthly decline in three months. Energy stocks Chevron and Exxon Mobil rose after strong profits, while Reddit shares dropped due to weak user growth.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (42/100). Lens Score 46/100.
Outlets measured: economictimes, moneycontrol. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (35–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 30 Oct, 11:56 am. Other outlets followed.