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US Futures Edge Lower With AI Spending in Focus: Markets Wrap

Bloomberg Markets·August 23, 2026·1 min read

US equity futures dipped as the rising cost of the AI boom took focus, with Nvidia Corp. hiking prices and Alibaba Group Holding Ltd. launching a $10 billion share sale. The Canadian dollar slipped as US trade tensions intensified. Investors weighed the impact of higher AI spending on corporate earnings and broader market valuations.

Read at Bloomberg Markets
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