Nasdaq plunge

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062026-11Nasdaq turmoil and $100bn AI spending plans coexist as funding sustainability draws scrutinyFT Technology reported that the Nasdaq plunged in chaotic trading as a Democratic 'blue wave' upended AI bets, while true believers in the technology are still angling to spend tens or hundreds of billions of dollars. The tension between shifting market sentiment and continued capital commitments puts the sustainability of the AI investment boom to the test.FT Technology