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AI doubts sink tech shares

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Global technology stocks fell as disappointing results from AI-linked companies and enormous data-center investments raised doubts among investors about whether the spending would pay off.

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If you thought this past week was packed with market-moving news, wait until you see what lies ahead.
Tech earnings, divergence, and central bank developments dominated over the last five days, even as resilient US growth data provided an underlying buffer.
Looking forward, the upcoming...

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The Weekly Look at the Global Economy and Markets
If you thought this week was full of economic news and interesting market moves, which it was, just wait for the coming week!
mohamedelerian.substack.com
October 31, 2026 at 8:18 PM
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AI companies used other people's products to build competing services that siphoned off users until the existing organizations had no choice but to capitulate to massive capital consolidation and a metastatic information monopoly that put unprecedented power in the hands of misanthropic men.
November 1, 2026 at 2:01 PM

Reposted by Patrick Dunleavy

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Reposted by Simon Lester

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"The trouble with Uncle Sam’s Intel shares" www.washingtonpost.com/opinions/202...

"Owning such a big share makes the government more inclined to side with Intel in disputes with its competitors and to give the company special favors"
November 1, 2026 at 4:18 PM
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(Describe what's bothering you in a one skeet sentence with no punctuation challenge)
November 1, 2026 at 2:02 PM
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Aquí una buena explicación de por qué hace unas semanas anunciaban el fin del mundo: buscaban inversores desesperadamente para evitar el estallido de una posible burbuja.

elpais.com/economia/202...
La multimillonaria quema de caja por la inversión en IA castiga a los gigantes de internet
Amazon, Alphabet y Meta decepcionan con sus cuentas pese al crecimiento en un trimestre en el que vuelven a generar flujo de caja libre negativo
elpais.com
November 1, 2026 at 7:14 AM
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Yup. The currency was collapsing long before AI
November 1, 2026 at 3:10 PM
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In this marvellous essay Priya Satia applies the lessons of EP Thompson to AI: new technology can be harnessed for the greater good but it takes determined community mobilisation against rapacious investors & fir a moral economy to rein it in.

foreignpolicy.com/2026/10/30/a...
AI Isn’t a Revolution—Yet
Just as British people did with steam power, the American public can shape how this technology spreads.
foreignpolicy.com
November 1, 2026 at 7:50 AM

Reposted by Brendan Nyhan

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