negative
3h agoUS markets wobble on tech firm layoffs and artificial intelligence valuation worries
U.S. equities slid with the S&P 500 down ~1.1% and the Nasdaq Composite falling ~1.9% as investors reacted to a surge in job cuts — October saw over 153,000 layoffs, the highest for the month since 2003. Tech names such as Broadcom Inc. and Nvidia Corporation led the drop amid concerns of stretched valuations in the AI sector. The ongoing U.S. government shutdown is delaying key economic data, clouding expectations for the Federal Reserve’s next move.
negative
3h agoUS markets wobble on tech firm layoffs and artificial intelligence valuation worries
U.S. equities slid with the S&P 500 down ~1.1% and the Nasdaq Composite falling ~1.9% as investors reacted to a surge in job cuts — October saw over 153,000 layoffs, the highest for the month since 2003. Tech names such as Broadcom Inc. and Nvidia Corporation led the drop amid concerns of stretched valuations in the AI sector. The ongoing U.S. government shutdown is delaying key economic data, clouding expectations for the Federal Reserve’s next move.
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negative
US markets wobble on tech firm layoffs and artificial intelligence valuation worries
about 4 hours ago
1 min read
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Tech stocks and macro worries drag U.S. markets, with S&P & Nasdaq lower amid job cuts and AI valuation pressure.
U.S. equities slid with the S&P 500 down ~1.1% and the Nasdaq Composite falling ~1.9% as investors reacted to a surge in job cuts — October saw over 153,000 layoffs, the highest for the month since 2003. Tech names such as Broadcom Inc. and Nvidia Corporation led the drop amid concerns of stretched valuations in the AI sector. The ongoing U.S. government shutdown is delaying key economic data, clouding expectations for the Federal Reserve’s next move.
U.S. equities slid with the S&P 500 down ~1.1% and the Nasdaq Composite falling ~1.9% as investors reacted to a surge in job cuts — October saw over 153,000 layoffs, the highest for the month since 2003. Tech names such as Broadcom Inc. and Nvidia Corporation led the drop amid concerns of stretched valuations in the AI sector. The ongoing U.S. government shutdown is delaying key economic data, clouding expectations for the Federal Reserve’s next move.
Companies:
Nvidia Corporation
Broadcom Inc.
Tags:
markets
US equities
markets
US equities
tech stocks
job-cuts
AI valuations
Nov 7, 2025 • 21:11 IST