Big Tech’s $600 billion AI spending plans add to investors’ worries

Big tech’s planned $600 billion AI spending surge in 2026 is fueling investor unease, impacting shares of Amazon and Alphabet. While Nvidia and Microsoft saw gains, data analytics firms like Thomson Reuters and RELX faced significant selling pressure due to existential threats from AI models.

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Asia markets tumble as tech rout deepens

Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea’s KOSPI halting trading after a significant drop. Investors are now weighing

June 8, 2026

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