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Stocks Hit Record Highs, Even as AI Doubts Persist

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Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market. The Dow.
Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial intelligence technology weighed on the market.

It’s the latest return to records for the market following what had appeared to be a debilitating set of worries, the AP reports. Some of the most recent included concerns about what the Federal Reserve will do with interest rates and whether all the dollars flowing into AI chips and data centers will produce profits and productivity as prolific as proponents are promising.

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