US tech stocks slide after Microsoft’s AI spending unnerves investors

Market Intelligence Analysis

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Why This Matters

US tech stocks experienced a decline following Microsoft's announcement of increased AI spending, causing a ripple effect in the market with the Nasdaq falling over 2% and the S&P 500 weakening by 1.2%.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Nasdaq falls more than 2% while S&P 500 weakens by 1.2%

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Full article on Financial Times
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Original article published by Financial Times on January 29, 2026.
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