{"id":15387,"date":"2024-08-03T09:37:37","date_gmt":"2024-08-03T07:37:37","guid":{"rendered":"http:\/\/costops.com\/index.php\/2024\/08\/03\/why-have-the-big-seven-tech-companies-been-hit-by-ai-boom-doubts\/"},"modified":"2024-08-03T09:37:37","modified_gmt":"2024-08-03T07:37:37","slug":"why-have-the-big-seven-tech-companies-been-hit-by-ai-boom-doubts","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/08\/03\/why-have-the-big-seven-tech-companies-been-hit-by-ai-boom-doubts\/","title":{"rendered":"Why have the big seven tech companies been hit by AI boom doubts?"},"content":{"rendered":"

Their shares have fallen 11.8% from last month\u2019s peak but more AI breakthroughs may reassure investors<\/p>\n

It has been tough week for the magnificent seven, the group of technology stocks that has played a dominant role in the US stock market, buoyed by investor excitement about breakthroughs in artificial intelligence.<\/p>\n

Last year Microsoft, Amazon, Apple, the chipmaker Nvidia, Google\u2019s parent, Alphabet, Facebook\u2019s owner, Meta, and Elon Musk\u2019s Tesla accounted for half the gains in the S&P 500 share index. But doubts about the return on AI investment, along with a mixed set of quarterly results, investors shifting their focus to other sectors and weak US economic data have hit the group over the past month.<\/p>\n

Continue reading…<\/a>
\nTheir shares have fallen 11.8% from last month\u2019s peak but more AI breakthroughs may reassure investors
\nIt has been tough week for the magnificent seven, the group of technology stocks that has played a dominant role in the US stock market, buoyed by investor excitement about breakthroughs in artificial intelligence.
\nLast year Microsoft, Amazon, Apple, the chipmaker Nvidia, Google\u2019s parent, Alphabet, Facebook\u2019s owner, Meta, and Elon Musk\u2019s Tesla accounted for half the gains in the S&P 500 share index. But doubts about the return on AI investment, along with a mixed set of quarterly results, investors shifting their focus to other sectors and weak US economic data have hit the group over the past month. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Their shares have fallen 11.8% from last month\u2019s peak but more AI breakthroughs may reassure investors It has been tough week for the magnificent seven, the group of technology stocks that has played a dominant role in the US stock market, buoyed by investor excitement about breakthroughs in artificial intelligence. Last year Microsoft, Amazon, Apple, …<\/p>\n

Why have the big seven tech companies been hit by AI boom doubts?<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":15388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15387"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15387"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15388"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15387"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}