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CNBC’s Jim Cramer reviewed Thursday’s market action, telling investors that gains in consumer-oriented companies are propelling stocks higher despite losses from Big Tech names — whose enormous spending on artificial intelligence is drawing scrutiny.
“Retail is such a huge portion of this economy, it can mask the questionable kinds of transactions we’ve been seeing at the highest level of tech,” he said.
The S&P 500
snapped its four-day losing streak on Thursday, finishing the session up 0.79%. The Nasdaq Composite
