AI Trade Shows New Cracks, Healey Defends UK Budget’s Scale

Technology shares declined after two major companies reported earnings below expectations, renewing questions about whether artificial intelligence investments will generate adequate returns. Chancellor of the Exchequer John Healey defended his first budget against claims it lacked ambition and stated the UK would face "hard decisions" about spending priorities in coming years. The earnings reports contributed to a stall in a broader global technology rally.

• Bloomberg — AI Trade Shows New Cracks, Healey Defends UK Budget’s Scale

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