AI Bias Analysis
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In the seven and a half years since Apple Inc.’s market capitalization broke through the $1 trillion mark, investors have become accustomed to seeing big tech companies command 13-digit valuations in public markets.
Source
Bloomberg Markets
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Broadcom said it agreed to produce future versions of Google artificial intelligence chips, and announced an expanded deal with Anthropic.
Just because the U.S. is a net exporter of certain fuels doesn’t mean its economy won’t feel some serious blowback from higher global energy costs driven by the conflict in Iran.
Phillips 66 estimated nearly $1 billion in losses from its short position in oil and other related commodity derivative contracts in the first quarter as the war in Iran sent crude and fuel prices skyrocketing.
Goldman Sachs Group Inc. says a reliance on stickier, more patient institutional investors, rather than wealthy individuals, helped its $15.7 billion private credit fund narrowly escape the broader exodus plaguing peers this year.