{
  "id": 14839690,
  "title": "Nasdaq futures edge lower as AI spending, Fed rate concerns weigh",
  "url": "https://urgent.news/2026/10/16/nasdaq-futures-edge-lower-as-ai-spending-fed-rate-concerns-weigh",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-16T01:10:10.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/nasdaq-futures-edge-lower-as-ai-spending-fed-rate-concerns-weigh-4952930"
  },
  "original_language": "en",
  "account": "U.S. stock futures fell on Thursday, with Nasdaq futures taking a hit due to worries about technology valuations and the cost of financing artificial intelligence infrastructure. The S&P 500 and Dow Jones both slipped slightly. Technology shares were particularly vulnerable as investors questioned the need for heavy spending on data centers, chips, and cloud infrastructure, especially with rising borrowing costs. Despite a strong quarterly profit from Taiwan Semiconductor Manufacturing Company, the tech sector continued to struggle. Nvidia, server makers Dell Technologies and Hewlett Packard Enterprise all declined significantly. CoreWeave Inc, a data center operator, faced scrutiny over its heavy borrowing and capital spending, while AI infrastructure companies like Oracle faced pressure. Anthropic disclosed a 45% rise in third-quarter revenue, sparking concerns about whether revenue growth could justify the substantial capital commitments for advanced AI models. Inflation concerns persisted, with U.S. producer prices rising more than expected in September. However, Treasury yields fell, easing some equity pressure. Markets priced a 67% chance of a Fed rate increase by December, based on the latest FedWatch tool data. Investors also analyzed retail sales, jobless claims, and business surveys for insights into the economy and interest rates.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}