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AI stocks slide after report sparks OpenAI growth concerns

AI stocks slide after report sparks OpenAI growth concerns

By Twesha Dikshit April 28 (Reuters) - AI firms fell in premarket trading on Tuesday after the Wall Street Journal reported that OpenAI has missed its goals for new users and revenue in recent months, raising concerns over the ChatGPT creator's growth prospects.
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Tech Giants' Earnings Reports Anticipated Amid OpenAI's Market Influence

Tech Giants' Earnings Reports Anticipated Amid OpenAI's Market Influence

Tech Giants' Earnings Reports Anticipated Amid OpenAI's Market Influence
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HSBC Maintains 'Turbo Bullish' Stance on U.S. Stocks Amid Middle East Conflict

HSBC Maintains 'Turbo Bullish' Stance on U.S. Stocks Amid Middle East Conflict

HSBC Maintains 'Turbo Bullish' Stance on U.S. Stocks Amid Middle East Conflict
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Stocks retreat on Iran, AI concerns as Fed meeting looms

Stocks retreat on Iran, AI concerns as Fed meeting looms

By Gregor Stuart Hunter SINGAPORE, April 29 (Reuters) - Markets got off to an uneven start in Asian trading on Wednesday as worries about the Iran conflict and health of the AI sector dominated ahead of the Federal Reserve's decision and earnings from tech megacap stocks later in the session.
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Microsoft's cloud revenue growth disappoints investors, shares drop 2%

Microsoft's cloud revenue growth disappoints investors, shares drop 2%

By Aditya Soni and Stephen Nellis April 29 (Reuters) - Microsoft's modest increase in quarterly cloud revenue growth on Wednesday failed to impress investors worried about rising competition in the artificial intelligence race, and its shares fell more than 2% in extended trading.
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Tech Giants Confront Wall Street Amid Rising Oil Prices and AI Demand

Tech Giants Confront Wall Street Amid Rising Oil Prices and AI Demand

Tech Giants Confront Wall Street Amid Rising Oil Prices and AI Demand
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Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon announced what it called a “major expansion” of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence company said it was loosening its ties to longtime backer Microsoft
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U.S. Stock Market Declines as OpenAI-Linked Stocks Falter and UAE Exits OPEC

U.S. Stock Market Declines as OpenAI-Linked Stocks Falter and UAE Exits OPEC

U.S. Stock Market Declines as OpenAI-Linked Stocks Falter and UAE Exits OPEC
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Hyperscaler results pose major test for AI-driven US stock market

Hyperscaler results pose major test for AI-driven US stock market

By Lewis Krauskopf NEW YORK, April 29 (Reuters) - A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on Wednesday with quarterly reports from four massive companies at the heart of the investment boom behind the new technology.
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Tech Giants Maintain AI Investment Momentum Amidst Earnings Reports

Tech Giants Maintain AI Investment Momentum Amidst Earnings Reports

Tech Giants Maintain AI Investment Momentum Amidst Earnings Reports
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Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets
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Big Tech investors to gauge payoff as AI spending set to hit $600 billion

Big Tech investors to gauge payoff as AI spending set to hit $600 billion

By Aditya Soni and Deborah Mary Sophia April 28 (Reuters) - Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom. But investors still want one answer: will all this pay off?