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Microsoft AI Boosts Market Recovery | Anchorage News
Description
Stocks rallied today, led by tech—especially Microsoft, whose strong AI-driven cloud growth (Azure) lifted the S&P 500 and Nasdaq after a rough week. Meanwhile, Meta stumbled with underwhelming profits and hinted at more spending, raising eyebrows. Chipmakers like Micron and Lam Research rebounded, signaling the market’s cautious optimism amid lingering inflation and slowing growth.
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