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Stocks are getting crushed after fresh Big Tech earnings, oil surge
Investors mostly kept their focus on AI spending growth and Big Tech earnings as surging oil prices exerted pressure on markets.
Google, Amazon, Meta, & Microsoft will spend 'unprecedent' $1T on AI capex in 2027: Analyst
Evercore ISI senior managing director and head of internet research, Mark Mahaney, discusses Alphabet's (GOOG, GOOGL) recent earnings results and his outlook for AI capex spending.