Nasdaq Futures Rebound After Worst Drop Since June on AI Spending Doubts

Nasdaq futures rose after the index suffered its steepest decline since June, driven by investor concerns over the sustainability of AI-related capital expenditures. The selloff followed corporate results and investment plans from major tech firms, signaling a potential shift in sentiment toward AI-driven growth. The rebound suggests tentative stabilization, but uncertainty persists over whether AI spending can justify current valuations.

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