TSX futures point lower as U.S. tech earnings spur AI jitters

Investing.com - Futures linked to Canada's main stock index pointed lower on Friday, weighed down by results from large U.S. technology companies that triggered fresh worries over heavy artificial intelligence expenditures. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » By 08:32 ET (12:32 GMT), the S&P/TSX 60 index standard futures contract had fallen by 16 points, or 0.7%. Along with earnings from Amazon and Intel, analysts were gauging data showing that the Canadian economy is on track to grow at a pace in the third quarter that is slower than the prior three-month period and weaker than Bank of Canada forecasts.