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As AI Rally Wobbles, Stock Market’s Spotlight Turns to Earnings
Investors will watch whether big tech and chipmakers can justify heavy AI spending as the Philadelphia Semiconductor index has fallen 8% this month, analysts said.
By Lewis Krauskopf NEW YORK, Oct 16 (Reuters) - Stumbles in the market-leading AI trade are set to test investor confidence in the rally in the coming week as Wall Street focuses on quarterly results due from key players including Meta Platforms. AI-li...