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Cathie Wood and Druckenmiller Bet on AI Giants | Durham News
When two finance titans—Cathie Wood and Stanley Druckenmiller—both massively piled into Amazon and Alphabet in Q2, it signaled something big: AI is no longer just hype, it’s a cash-generating engine. Amazon’s AWS is exploding with demand, fueled by custom AI chips and massive infrastructure spending, while Alphabet leverages its cash-rich ad business to fund its own AI push. Both companies are betting on sustained growth, even as Amazon faces short-term cash flow pressure and Alphabet navigates competition. Their synchronized moves? A bold vote of confidence that the AI boom is still…
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