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AI Boom Meets Market Caution | Durham News
The stock market just delivered its best quarter in years, fueled by soaring semiconductor stocks and strong earnings, as Wall Street declares a new bull market despite earlier global tensions and Fed caution. A weaker-than-expected jobs report has cooled rate hike fears, while falling oil prices and broad-based gains in small and mid-cap stocks signal a wider rally. Analysts project major S&P 500 gains ahead, but question the long-term ROI of massive AI spending—now shifting focus to AI-enabled sectors like healthcare and industrials. Caution remains: valuations are stretched, and sustaining…
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