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Traders on the floor of the New York Stock Exchange during Friday's tech-led selloff.
Michael Nagle/Bloomberg via Getty Images (BBC News)
Updated Developing Markets & deals

Nasdaq slides 3.4% to a three-month low as chip stocks drop 8.7% on AI spending fears

Reuters reported at midafternoon that Nvidia was down 5.3%, AMD 12.1% and Dell 12.5% after Intel and Amazon results, with the Nasdaq-100 set to lose over $1 trillion in value; closing figures are not yet in.

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Edition 2026-10-30T1930 Oct, 19:00 UTCThe singularity, ranked hourly.
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New Agility Robotics expects about $465 million from its SPAC merger, with a Nasdaq debut as AGLT planned for 5 November

The total comprises about $164 million from Churchill XI's trust, a $201 million PIPE at $10 a share led by Foxconn and $100 million already received; The Robot Report notes it is below the $620 million projected in June, and closing still needs a 2 November shareholder vote.

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