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via uk.finance.yahoo.comMarkets

Tech stocks fall as Nvidia boss warns of AI funding slowdown

FROM THE WIRE · UK.FINANCE.YAHOO.COM

Jensen Huang: 'The demand for capital is much greater than the availability of capital' - AFP/John Macdougall US stocks fell sharply after the boss of Nvidia warned of an AI funding crunch and spending plans from Meta and Tesla spooked investors. The tech-heavy Nasdaq 100 index…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe Nasdaq 100 fell 1.5% while oil topped $112, pressuring the tech sector heavily.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Nasdaq 100 lost 1.5% and the S&P 500 nearly 1%.
  2. 02Nvidia CEO Jensen Huang warned that a scarcity of capital is hampering AI rollout.
  3. 03Brent crude rose past $112 per barrel for the first time since May.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA CorporationNVDAStock213.88 USD-0.06%today -3.64%Negative Meta Platforms, Inc.METAStock651.15 USD-1.09%today -6.65%Negative Tesla, Inc.TSLAStock380.49 USD-0.93%today -1.55%Negative NASDAQ 100INDEX:NDXIndex29,062.63-0.14%today -2.55%Negative Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity111.96 USD+0.62%today +2.89%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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