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Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza
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-Mandeep Singh, Global Tech Research Head at Bloomberg Intelligence, recaps earnings from Meta and Alphabet. Meta Platforms shares plunged after the company raised its spending outlook for the year, driven by its AI strategy and higher component pricing and data center costs. Alphabet shares jumped after the company reported strong demand for its cloud and artificial intelligence offerings.
-Anurag Rana, Bloomberg Intelligence Technology Analyst, recaps…
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