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📈 Business
Wall Street's record rally and the yen rescue share one thread: AI
A U.S. intervention to prop up the Japanese yen and a record-breaking Wall Street rally are both tied to the boom in artificial intelligence investment. Global financial markets have become so intertwined with the AI sector that currency moves in Japan can ripple across Pacific stock exchanges. The episode illustrates how deeply the world economy now revolves around a single technological narrative.
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