US$740 billion in AI spending scares investors and drags down tech stocks
Published in edition no. 1 of Noticiário do Joãozinho ·
Translated by Joãozinho AI from the original Brazilian Portuguese edition. Facts, numbers and sources are the same as in the original; quotes, video titles and source names stay in their original language. Read the original in Portuguese
The Nasdaq fell 2.9% on Friday and Alphabet lost 12% on Thursday. Meta and Amazon also had negative free cash flow, and Microsoft was the exception. According to S&P Global, cited by TechCrunch, Microsoft, Alphabet, Amazon, Meta and Oracle raised US$326 billion in debt in 2026, triple the previous year.
Why it matters Confidence in the AI investment cycle is in question, with a direct effect on chips, cloud and Anthropic's IPO. Details in the headline story.
Original source: TechCrunch · AP News — https://techcrunch.com/2026/10/30/cracks-are-emerging-in-the-ai-spending-boom/