High AI Spending Weighs on Wall Street Prices
October 30, 2025, 11:17 p.m
meta, Microsoft, and Alphabet are investing heavily in AI technology, which is weighing on quarterly figures. Dow Jones, Nasdaq, and S&P 500 are experiencing losses. There is no positive news regarding stock market debuts.
The ample investments by major US technology companies in AI are impacting Wall Street. The Dow Jones lost 0.2 percent, closing at 47,522 points. The technology-heavy Nasdaq declined by 1.6 percent to 23,581 points, and the broad S&P 500 lost one percent, finishing at 6822 points.
Meta, Microsoft, and Alphabet presented their quarterly figures the day before after the stock market closed and continue to announce high investments in AI infrastructure. "The results of the technology companies have not met high expectations," stated Lindsey Bell, chief strategist at 248 Ventures, regarding the results. Furthermore, none of the three companies could articulate "when the investments in artificial intelligence will pay off."
microsoft is weakening despite quarterly profits
Meta experienced the most significant pressure, with a decline of 11.3 percent. A $16 billion write-down related to Facebook Reality Labs resulted in a profit slump last quarter. Concurrently, the group announced further expansion of investments.
Microsoft shares lost 2.9 percent - despite a surprisingly high quarterly profit. The software company also announced investments.