Times Now5h ago

Nasdaq Drops 747 Points, Dow Falls 572 as AI Stocks Tumble

AI Market Summary

Amazon's Q3 miss, negative $42.4B free cash flow and a retained $220B 2026 capex plan fuel a broad AI-trade unwind, with the iShares AI Innovation ETF down about 17% and Nasdaq off 747 points. Markets are repricing AI capex against cash generation, pressuring hyperscaler-linked equities and risk appetite near term.

Impact level

● High

Affected assets

NCSKAMZN2USD/USDT+7.17%

AI Insight · NCSKAMZN2USD/USDTAI Insight

▼ Bearish

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Amazon's results fell short of expectations. Its free cash flow was negative $42.4 billion. The iShares AI Innovation ETF dropped about 17 per cent.

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