{
  "id": 14688179,
  "title": "Nasdaq futures fall 1% as AI rout deepens on debt concerns",
  "url": "https://urgent.news/2026/10/15/nasdaq-futures-fall-1-as-ai-rout-deepens-on-debt-concerns",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-15T11:40:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/15/nasdaq-futures-fall-1-as-ai-rout-deepens-on-debt-concerns"
  },
  "original_language": "en",
  "account": "Nasdaq 100 futures experienced a sharp decline of 1.1% on Thursday, reflecting growing concerns over artificial intelligence funding due to rising interest rates. The downturn in tech stocks intensified following unexpectedly high inflation data, which heightened expectations of additional interest rate increases from the Federal Reserve. This unfavorable development came after Nvidia, a key player in the sector, saw its shares drop by 1.8%, while Micron Technology and Advanced Micro Devices suffered losses of 3.7% and 2.3%, respectively. TSMC, the world's largest manufacturer of advanced chips, issued a cautious outlook for 2027, citing macroeconomic uncertainties following its sixth consecutive earnings record. The recent AI lab Anthropic reported a 45% surge in third-quarter revenue, but this news failed to bolster investor confidence. Additionally, CoreWeave, a data-center operator grappling with significant debt, witnessed a 6.3% drop in premarket trading, following a 15% decline on Wednesday. Oracle, a leading cloud computing company, also declined by 2.1% after a 9% drop the previous session. The bonds of these affected companies surged to record high yields, indicating increased risk appetite. Mohit Kumar, an economist at Jefferies, predicted a second day of steep declines for companies involved in AI infrastructure, chipmaking, hyperscalers, and cloud services. He noted that the earnings season may validate this downward trend and suggested taking some chips off the table before the midterm elections. Investors are closely monitoring upcoming producer price data, retail sales figures, initial jobless claims, and various business surveys for insights into inflation and economic growth. The Federal Reserve's potential rate hike this month, priced at 27% by CME Group's FedWatch tool, has risen from 20% a week ago. The odds of a 25-basis-point hike in December are at 67%. The Nasdaq has slipped more than 3% from its record highs, as rising interest rates and AI spending put a damper on what is expected to be a robust earnings season.",
  "summary": "Investors will keep a close eye on producer price data for clues on factory inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Nasdaq futures fall 1% as AI rout deepens on debt concerns",
        "url": "https://urgent.news/2026/10/15/nasdaq-futures-fall-1-as-ai-rout-deepens-on-debt-concerns-14693968",
        "published": "2026-10-15T11:40:00.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Dow futures rise 139 points while Nasdaq futures drop 1.1% on AI funding fears",
        "url": "https://urgent.news/2026/10/15/dow-futures-rise-139-points-while-nasdaq-futures-drop-1-1-on-ai",
        "published": "2026-10-15T12:00:22.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nasdaq nears one-month low as AI stocks slide on debt concerns",
        "url": "https://urgent.news/2026/10/15/nasdaq-nears-one-month-low-as-ai-stocks-slide-on-debt-concerns",
        "published": "2026-10-15T13:56:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}