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Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single day

viaeconomictimes.indiatimes.com4d ago
Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single day
Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued outlook. Alphabet shares fell over 13% after its Q3 results missed Wall Street estimates, with slowing search advertising growth and higher AI investments…

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