Investors weighed resilient growth against the rising cost of the artificial-intelligence build-out.
Global equities and bond yields edged lower as concern about heavy artificial-intelligence spending outweighed encouraging economic data. The Nasdaq fell while European stocks advanced after the European Central Bank held its key rate.
Investors are distinguishing between companies converting AI investment into revenue and those consuming cash faster than expected.
Source: Reuters via Devdiscourse.
The coffee chain's outlook suggests operational changes are beginning to improve performance.
Investors focused on cash consumption despite rapid expansion in the cloud business.
New applications for unemployment benefits declined to their lowest level since mid-July.
Third-quarter growth accelerated as household spending and business investment remained resilient.
