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Arm Shares Fall as Tepid Forecast Takes Shine off AI Optimism

Arm Shares Fall as Tepid Forecast Takes Shine off AI Optimism
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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Alphabet And Microsoft Bring Technology Momentum Back — Will It Last?

The S&P 500 closed at 5,099.96, up 2.70% for the week; the Dow Jones at 38,239.66, up 0.70%; the tech-heavy Nasdaq at 15,927.90, up 4.2%%.

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Microsoft, Google gain after AI fuels cloud computing demand

Firms trounced Wall Street estimates with Q1 results, lifted by a surge in cloud revenue

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Microsoft and Alphabet profit surge signals AI and cloud dominance

Tech giants Microsoft and Alphabet reported soaring profits, fuelled by their investments in AI and cloud computing.

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Microsoft, Google Gain After AI Fuels Cloud Computing Demand

(Bloomberg) Microsoft Corp. and Google owner Alphabet Inc. sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapAlphabet Beats Revenue Estimat

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