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AI investment spurs market focus on Big Tech earnings
Markets
Bloomberg Technology
MetLife Investment Management chief market strategist Drew Matus said AI investment is influencing markets, corporate spending and parts of the US economy. He noted investors are watching Big Tech earnings for signs that the spending will pay off and warned of risks from rising technology investment. Matus also said markets need guidance from Federal Reserve Chair Kevin Warsh on inflation.
Why it matters: Tech professionals should track how AI spending affects market expectations and funding for tech projects.
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