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Spending updates this week from US megacap companies that are investing massively in artificial intelligence could jolt the AI trade that has been a primary driver of the record-breaking US stocks rally. Here's what to expect ⬇️


Companies around the world have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while consumer sentiment dims and AI-focused tech companies start to replace jobs with automation. Here's what it means ⬇️


Reasoning models to come. Co-founder @pleiasfr


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Top and breaking news, pictures and videos from Reuters. For breaking business news, follow @ReutersBiz. Our daily podcast is here: https://t.co/KO0QFy0d3a

Top and breaking news, pictures and videos from Reuters. For breaking business news, follow @ReutersBiz. Our daily podcast is here: https://t.co/KO0QFy0d3a
