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Investors cheer Microsoft and Alphabet's huge AI spending plans as stock for both firms rallied but not Meta's, which saw its worst trading day in 18 months (Tom Dotan/Wall Street Journal)
April 27, 2024, 6:35 a.m. |
Techmeme www.techmeme.com
Tom Dotan / Wall Street Journal:
Investors cheer Microsoft and Alphabet's huge AI spending plans as stock for both firms rallied but not Meta's, which saw its worst trading day in 18 months — Meta had its worst trading day in 18 months after warning of years of AI investment; shares of Microsoft and Alphabet rallied
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