
Finance
AI spending boom fuels market rally; concentration raises risks
An AI spending boom is propelling the market, but the rally’s concentration in a few tech giants raises concerns about s…
Elena Marchetti·
2 articles

An AI spending boom is propelling the market, but the rally’s concentration in a few tech giants raises concerns about s…

Meta is reportedly planning a massive round of layoffs, potentially impacting 20 percent of its staff, to offset spendin…