Big Tech isn’t backing down from its big AI spending
Tech giants appeared to defend their heavy AI investments during their latest earnings calls.Both Meta and Microsoft plan to spend over $60 billion on building out AI infrastructure this…
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Stock market today: Dow pops higher, tech weighs on Nasdaq as Treasury yields keep
Stocks closed mixed on Monday, with Big Tech names paring losses as the dollar and bond yields climbed amid fading hopes for interest rate cuts ahead of this week's key consumer inflation reports. The S&P 500 (^GSPC) settled…