Business & Finance
Massive AI spending and higher interest rates: What's behind the tech sell-off?
Key Points
Massive AI spending and higher interest rates: What's behind the tech sell-off? Business Issued on: 06:13 min From the show Reading time 1 min Tech stocks around the world fell on Tuesday, with the flagship Nasdaq index closing 2.2 percent down at the end of the session. In this edition, we look at how markets reacted this Wednesday and some of the reasons why investors sold their shares: massive projected capital expenditure on AI, as well as the prospect of higher interest rates.
Massive AI spending and higher interest rates: What's behind the tech sell-off?
Business
Issued on:
06:13 min
From the show
Reading time
1 min
Tech stocks around the world fell on Tuesday, with the flagship Nasdaq index closing 2.2 percent down at the end of the session. In this edition, we look at how markets reacted this Wednesday and some of the reasons why investors sold their shares: massive projected capital expenditure on AI, as well as the prospect of higher interest rates. Also, we examine Spain's pioneering climate leave policy.
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Related keywords
[Image text:] AISPENDING WILLKEEPGROWING
BASELINE AGGREGATE AI CAPEX ESTIMATES
$1.579tn
$1.636tn
$1.392tn
$1.220tn
$1.011tn
$765bn
2026
2027
2028
2029
2030
2031
SOURCE:GOLDMAN SACHS
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WHAT'SBEHIND THE TECHSELL-OFF?
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