Market drop wipes out more than a trillion dollars in value

Summary

As investors worry about massive spending on the A.I. buildout paying off, earnings reports drove markets down. NBC News’ Brian Cheung reports on what happened on Wall St. and the hack on crypto exchange Binance. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com Every day, NBC News helps people understand what’s happening and why it matters — through fact-based reporting, meaningful conversations, and powerful stories. From its leading news broadcasts — TODAY, NBC Nightly News, Meet the Press, and Dateline — to NBC News NOW, the…

Description from NBC News.