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GE Vernova Slumps 11% as Meta's Spending Outlook Stokes AI Financing Worries; Vertiv Holdings Drops 7%, Eaton Slides 6%

Source: 247wallst.com

Artificial IntelligenceCompany Fundamentals
GE Vernova Slumps 11% as Meta's Spending Outlook Stokes AI Financing Worries; Vertiv Holdings Drops 7%, Eaton Slides 6%

Meta's larger AI spending outlook has raised questions about how the expansion will be financed. Power-equipment suppliers counting on Meta's orders are described as absorbing damage; the article provides no figures or details on the impact.

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