30/10/2026 – Daily Reports
Global Markets Slide as AI Spending Fears Trigger Flight to Safety
- Tech Sell-Off Deepens: Asian stocks tumbled as investors questioned whether massive AI investments will generate sufficient returns.
- Alphabet Loses $500 Billion: Alphabet shares plunged 12.6%, wiping out approximately $500 billion in market value as heavy AI spending pushed cash flow into negative territory.
- Intel and Amazon Add to Pressure: Intel shares sank 23% after hours, while Amazon dropped 7%, dragging Nasdaq 100 futures down 1.4%.
- Asia Markets Hit Hard: South Korea’s KOSPI slumped 5%, bringing its October decline to more than 17%. Japan’s Nikkei fell 3%.
Account Opening
Open A Live Account
CDO has wide range of tools, professional and friendly support for clients to achieve their financial markets trading goals. Open a live account now to enjoy this experience with virtual deposit.
Forex Mobile & Desktop App
CDO TRADER
CDO TRADER, our cutting-edge trading platform, follows the technology from the forefront with new features added continuously. Moreover, CDO TRADER is now available for Android and iOS! So it allows you to trade on the go!
