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Stocks fall on AI cash burn worries while bonds rally with oil
A sharp sell-off in Wall Street's tech shares pushed MSCI's global index down 1.5% on Friday, sending investors to the safety of US bonds on fears that hefty cash-burning artificial intelligence (AI) investments may not deliver sufficient returns.
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A sharp sell-off in Wall Street's tech shares pushed MSCI's global index down 1.5% on Friday, sending investors to the safety of US bonds on fears that hefty cash-burning artificial intelligence (AI) investments may not deliver sufficient returns.
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