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Meta Stock Slides as AI Spending Plan Balloons to $70–$72 Billion, With Bigger 2026 Outlays

Investors question payback, drawing parallels to the metaverse era.

Alphabet Prices Six-Tranche Euro Bonds, Raising At Least €3 Billion

Fed Cut Sets Stage for More Easing as Cohn Warns on Cooling Jobs and Cost Pressures

Baidu Soars on China Merchants AI Pact, Unveils 4.4 Billion Yuan Bond to Power Expansion