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المصدر:
Los Angeles Times
Wall Street shifts from AI to other stocks as oil prices drop
Most of the U.S. stock market rose after companies reported stronger spring profits than expected, with the S&P 500 gaining 0.2% and the Dow increasing by over 500 points. Major companies like Coca-Cola, Sherwin-Williams, and Illinois Tool Works exceeded profit expectations, supporting a positive market trend. However, chip stocks such as Micron, AMD, and Applied Materials declined sharply due to concerns over the sustainability of AI-related growth and increased competition, impacting market indices.
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