Oddbean new post about login | logout Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that would make the stocks particularly vulnerable during a market correction. https://image.nostr.build/17b3001cdaf57025c55bc0bedc0d595ea11bea81a7b1b56a64c04acf3103f7cb.png [Reuters Graphics Reuters Graphics]
Alphabet Inc. saw a 4.7% drop in market value due to a slowdown in YouTube advertising sales and legal challenges related to antitrust issues Nvidia experienced a 7.7% decline in market value after projecting lower-than-expected gross margins for the upcoming quarter.
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