Company
Nasdaq
2 stories
October 2026
- Business
Nasdaq falls 2.6% in its worst session since June 5
Chips plunged 6.7% and Meta fell 7% after reporting negative free cash flow from its artificial intelligence spending.
- Business
Hedge funds suffer their worst daily drop since Covid
All three major equity strategies lost more than 1% on Thursday as tech stocks were sold and oil rose. Goldman Sachs had not seen anything like it since the pandemic.