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Upcoming Market Developments: Fed Decision, AI Costs, and Crude Prices
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The Federal Reserve's interest rate decision is highly anticipated, with potential implications for borrowing costs. Microsoft and Alphabet have announced higher costs for developing their AI capabilities. Elon Musk's pay package for Tesla was voided by a Delaware judge, and crude prices dipped after weak Chinese manufacturing data.
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How might the higher costs for AI development impact Microsoft and Alphabet's business strategies?
What are the potential implications of the Federal Reserve's interest rate decision on borrowing costs?
What factors contributed to the weak Chinese manufacturing data and its impact on crude prices?
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