Microsoft and Alphabet Show Making Money From AI Isn’t Guaranteed
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Microsoft and Alphabet Show Making Money From AI Isn’t Guaranteed

The latest quarterly results from Microsoft and Alphabet show that their big investments in artificial intelligence are on different trajectories.
Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor
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Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.
Middle East Conflict Threatens Global Economic Growth
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Middle East Conflict Threatens Global Economic Growth

Oil prices climbed again on Friday as armed clashes intensify in Israel and, increasingly, beyond.