Big Tech Stocks Surge to New Highs on AI Optimism, But Increased Government Scrutiny Looms
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Silicon Valley tech giants like Microsoft, Meta, and Google hitting new highs in stock valuation driven by AI optimism.
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Microsoft briefly surpasses $3 trillion market cap, competing with Apple for top spot.
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Microsoft leveraging investment in OpenAI and integration of ChatGPT to boost cloud and software offerings.
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Tech giants making big AI pushes and investments - seen as new battleground for dominance.
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Governments bringing more scrutiny and potential antitrust action against Big Tech - could reshape industry landscape.