Veytics Intelligence
2026-10-30 · Yahoo

Tech firms take fresh hit as earnings misses fan AI fears

Oil prices have spiked on fresh worries that Donald Trump will ramp up his war on Iran after next week's US midterm elections (Frederic J. BROWN) Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom. Traders were also keeping an eye on bitcoin, which tumbled after the world's largest crypto exchange said it had been hit by what analysts warned could be the biggest hack of its kind in the world.

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