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AI Spending Fears Hammer Big Tech Stocks

Bloomberg Technology Saturday 31 October 2026, 11:43 UTC 1 min read
Key Points

Oct 31st, 2026 AI Spending Fears Hammer Big Tech Stocks Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North...

Oct 31st, 2026 AI Spending Fears Hammer Big Tech Stocks Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible.
Bloomberg (ORG) Technology and Strategic Industries (ORG) Mike Shepard (PERSON) Bloomberg This Weekend (ORG) Big Tech (ORG) AI (ORG) Alphabet (ORG) Intel (ORG) David Gura (PERSON) Lisa Mateo (PERSON) Shepard (PERSON) North Korean (ORG)
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