Nasdaq slips as AI spending worries weigh ahead of earnings


Tech-led Nasdaq falls nearly two-thirds of a percent as investors fret AI spending; Dow gains, S&P flat ahead of earnings.

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What stands out

A Reuters clip shows the Nasdaq lagging as investors fret about AI spending ahead of corporate earnings. For Nasdaq, Inc., an exchange and market-technology provider, those jitters matter because trading volumes, listings activity and data subscriptions are cyclical around big tech moves. Even with the pullback, the company has run double-digit revenue growth (10.3% average year-over-year) and stronger net-income expansion (20.0% average), so the story is more about timing than survival.