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Google (GOOGL) and Meta (META) Tumble on Rising AI Capex Concerns Amid Investor Shift to Europe

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Fund managers grow bearish on U.S.
  • tech giants like Google and Meta due to rising AI-related capital expenditure costs, favoring European equities and sectors benefiting from AI supply chain inflation.
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Stored market data

META price history

670.23 +6.05% over the displayed period

Advisor Snapshot

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