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866 Microsoft earnings report raises AI cost concerns

KillerStartups
Adam Josefs @ KillerStartups · 11/06/2024 11:41 EDT

Microsoft earnings report raises AI cost concerns

The Nasdaq led a tumble in US stocks on Thursday after earnings reports from Meta and Microsoft raised concerns about rising artificial intelligence costs. The tech-heavy Nasdaq Composite sank 2.7%, while the S&P 500 fell nearly 1.9%, with both indexes ending the month slightly in the red. The Dow Jones Industrial Average also notched a ...

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