ðŸ‡ðŸ‡° English, 16 October 2026, AI financing
US Markets End Sharply Lower Amid AI Financing Concerns
US markets fell on Friday, with AI-related tech stocks under pressure due to debt concerns and lower valuation expectations.
The Nasdaq extended losses from earlier in the week, hammered by concerns that debt-laden AI infrastructure companies may not turn profits in time to repay debts, particularly with borrowing costs expected to rise.
Some current Anthropic investors and prospective investors are weighing a lower valuation for the company in its upcoming IPO, Reuters reported, citing people familiar with the matter.
While the S&P 500 remains up about 12 percent in 2025, most of that gain has come from AI-related tech stocks, which are now under renewed pressure.