How AI compares to 11 other capital-spending explosions: When they bust – and boom again

Strategists at Raymond James, led by Tavis McCourt, said the artificial intelligence capital-spending boom is on par with the biggest over the last 150 years.

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U.S. oil falls below $89 on report Iran agreement would restore Hormuz traffic in one month

U.S. crude oil prices fell about 6% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S.

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