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Assets into funds that track the artificial intelligence segment have risen sharply since last year, per J.P. Morgan.
Meta, Microsoft and Amazon will this week test the limits of investor appetite for massive capex spending.
The US isn’t alone, as European Union members, Asian countries and Middle Eastern nations have all been boosting their defense budgets as well.
Faster, cheaper models from DeepSeek, Moonshot and other Chinese firms let users prioritize AI cost-effectiveness, undercutting US giants.
Nearly half of Americans are prioritizing day-to-day expenses over retirement savings. Even wealthy clients aren’t immune.