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Yesterday’s bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025 | Fortune
No major central banks are expected to cut rates again this year, BofA predicts.
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cnbc.com
Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results
Meta's results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
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fortune.com
Yesterday’s bloodbath in stocks was ‘the end of the cutting season,’ BofA says: Now we’re on alert for the ‘fail risks’ of 2025 | Fortune
No major central banks are expected to cut rates again this year, BofA predicts.
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Tech's $380 billion splurge: This quarter's winners and losers of the AI spending boom
With the largest cloud and internet companies reporting results this week, it's clear that spending on artificial intelligence is only increasing.