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Big Tech Earnings Slam Into a Market in Revolt Over AI Spending

Business

For years, US technology giants had a tacit agreement with investors: The companies could spend lavishly on artificial intelligence, and the stock market would reward them long as their revenues were rising. That deal is suddenly breaking down.


Source: Bloomberg Markets — This article was automatically imported from the source. Read full article at original source →

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Originally published by Bloomberg Markets bloomberg.com
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Gram Slattery

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