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Elbilassy: Tech Selloff Healthy After Nasdaq Record High (Video)

Bloomberg Technology Thursday 22 October 2026, 07:41 UTC 1 min read
Key Points

Horizons Middle East and Africa Oct 22nd, 2026 Elbilassy: Tech Selloff Healthy After Nasdaq Record High Stocks fell as megacap earnings failed to reassure investors about the rebound in Artificial Intelligence trade. Tesla retreated after cutting its spending outlook, while Meta doubled down on AI investment.

Horizons Middle East and Africa Oct 22nd, 2026 Elbilassy: Tech Selloff Healthy After Nasdaq Record High Stocks fell as megacap earnings failed to reassure investors about the rebound in Artificial Intelligence trade. Tesla retreated after cutting its spending outlook, while Meta doubled down on AI investment. Nadia Elbilassy, Senior Market Analyst at Equiti Group spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the market movements.
Elbilassy (PERSON) Africa (LOCATION) Artificial Intelligence (ORG) Tesla (ORG) Meta (ORG) Nadia Elbilassy (PERSON) Equiti Group (ORG) Bloomberg (ORG) Abeer Abu Omar (PERSON) Horizons Middle East & Africa (ORG)
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