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Jim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switch
Biztoc.com·August 3, 2026·1 min read
AI Summary
Jim Cramer noted that Amazon CEO Andy Jassy's recent earnings call has shifted Wall Street's perspective on Big Tech's investments in artificial intelligence. Prior to the call, there was notable skepticism regarding the spending habits of these major tech firms.
From the source
CNBC's Jim Cramer said on Monday that Amazon CEO Andy Jassy's earnings call changed how Wall Street views massive artificial intelligence investments. "Until Jassy spoke, the market seemed highly skeptical of how these megacap tech companies were spending mon…
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