Big Tech’s AI spending spree puts over $2 trillion in Nasdaq market value at risk

As concerns rise over the Nasdaq 100, which faces risks surpassing $2 trillion this month, investors are questioning the viability of major AI investments. With firms like Meta and Alphabet boosting their spending projections, uncertainties around profitability loom large. However, positive results from Microsoft and SpaceX provide a hopeful contrast to an otherwise declining market.