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Markets

US stocks: AI shares tumble, erasing $80 billion as hot US inflation fuels rate fears

viaeconomictimes.indiatimes.com14 Oct
US stocks: AI shares tumble, erasing $80 billion as hot US inflation fuels rate fears
Amid rising inflation, major AI firms like CoreWeave and Dell Technologies experienced significant stock price drops, losing around $80 billion in market value. Increased US interest rates have investors worried about the borrowing hurdles faced by less profitable firms within the sector. Even with…

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