Big Tech firms are borrowing heavily to fund AI infrastructure. This shift from using cash reserves worries investors. The trend signals a new, riskier phase for AI. Companies with weaker finances are now involved. Interconnected deals create systemic risk. Valuations for major tech firms are also declining due to this unease.
Negative Breakout: These 7 stocks cross below their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data.