Shares of Nvidia fell almost 7% after starting the week with a slight gain, reflecting broader concerns over AI tech giants' earnings results.
Alphabet beat profit expectations in its earnings report, but investors pulled back when they learned about the slower YouTube ad revenue growth and higher capital spending related to AI investments.
A major question in AI currently is whether the expenses of developing and maintaining AI tools will eventually decrease enough to justify the technology's costs, amidst increased investment uncertainties.
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