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Amazon (AMZN) and US Tech Giants Soar Amid AI Frenzy While Asian Service Sectors Struggle

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • US AI leaders including Amazon, Apple, Meta, Microsoft, Nvidia, Tesla, and Alphabet benefit from the AI boom, but Asian service sectors face disruption.
  • Investor caution over US tech valuations may lead to rotation into Asian AI winners and a reshuffling of industry leaders.
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AMZN price history

256.78 +13.48% over the displayed period

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