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Prediction: Oct. 29 Will Be an Enormous Day for the Stock Market
The Motley Fool·
The article predicts October 29 will be a significant day for the stock market, driven by earnings reports from AI infrastructure giants Alphabet and Microsoft on October 28, followed by Amazon on October 29. Investors will scrutinize these companies' capital spending commitments and AI revenue growth, as concerns persist about whether massive infrastructure investments will translate into profitability. Despite recent market volatility, the long-term AI growth story remains positive.
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