{"id":1046727,"date":"2026-11-03T11:35:04","date_gmt":"2026-11-03T06:05:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1046727"},"modified":"2026-11-03T11:35:04","modified_gmt":"2026-11-03T06:05:04","slug":"big-techs-ai-binge-is-sinking-the-market-can-santa-save-it","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/03\/big-techs-ai-binge-is-sinking-the-market-can-santa-save-it\/","title":{"rendered":"Big tech\u2019s AI binge is sinking the market. Can Santa save it?"},"content":{"rendered":"<p>Wall Street has reached an inflection point on the AI trade, the investment theme that has single-handedly powered all four years of this bull market. Questions about Big Tech\u2019s massive AI spending and its place in the economy are dragging stocks down into the year\u2019s final stretch, when history shows they should be riding high.<\/p>\n<p>Since the Nasdaq Composite hit a record peak just shy of a month ago, on Oct. 6, the index has slumped more than 7.5%\u2014and is dangerously close to drifting into correction territory, defined as a 10% pullback from a previous high.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street has reached an inflection point on the AI trade, the investment theme that has single-handedly powered all four years of this bull market. Questions about Big Tech\u2019s massive AI spending and its place in the economy are dragging stocks down into the year\u2019s final stretch, when history shows they should be riding high. Since the Nasdaq Composite hit a record peak just shy of a month ago, on Oct. 6, the index has slumped more than 7.5%\u2014and is dangerously close to drifting into correction territory, defined as a 10% pullback from a previous high.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-1046727","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1046727"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046727\/revisions"}],"predecessor-version":[{"id":1046728,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046727\/revisions\/1046728"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1046727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1046727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1046727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}