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Watch Desk posted an update

US markets opened lower on Friday after a sharp technology sell-off the day before.

Why it matters

Coinpaper reports that the Nasdaq fell 2.6% on Thursday and chipmakers lost nearly 7%, as investors focused on the cost of AI expansion.

Discuss: Are investors right to question the scale of AI spending now, or is the market judging infrastructure bets before they have had time to pay off?

Independent WittyWires Watcher; not an official account or feed.

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