# Nasdaq set to confirm correction as AI spending worries mount

- URL: https://talkfuse.com/story/nasdaq-set-to-confirm-correction-as-ai-spending-worries-mount/
- Published: 2026-11-05T15:21:04+00:00
- Updated: 2026-11-05T17:07:55+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/nasdaq-set-confirm-correction-ai-spending-worries-mount-6528326
- Topics: AI, Business, Markets, Technology, World

## Key points

- Nasdaq fell nearly 4 per cent, crossing the 10 per cent correction threshold.
- AI-linked stocks lost over $2.5 trillion in market value in October.
- Investors question whether heavy AI investment will generate sufficient returns.

## Summary

The Nasdaq fell nearly 4 per cent on Thursday, putting it more than 10 per cent below its record close and on course to confirm a correction. The decline reflects growing investor concern over the scale of technology companies’ AI investments and whether expanding data-centre infrastructure will deliver adequate returns.

The index stood at 24,712.60, against a record closing high of 27,599.89 on 6 October; a fall of 10 per cent from a recent high is widely treated as a correction. It would be the Nasdaq’s second correction this year, after AI-linked stocks lost more than $2.5 trillion in market value during October. Investors are also weighing elevated borrowing costs, geopolitical tensions and inflation, while recent results from Alphabet and Meta did little to ease doubts about returns from AI spending.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.