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Barclays raised its year-end S&P 500 target to 7,950 from 7,800, citing strong Big Tech earnings and booming AI-related cloud spending. The bank also upgraded multi-year earnings forecasts, highlight…
Microsoft's AI monetization struggles and high Azure capacity use caused a sharp 10% stock drop, despite earnings beats. Investors prefer maximizing Azure revenue over AI service investments in the s…
Bloomberg reports Oracle is in talks with Meta on a potential $20 billion AI cloud computing deal, boosting Oracle shares and drawing mixed reactions for Meta.