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Why the A.I. Rally (and the Bubble Talk) Could Continue Next Year

Big Tech’s huge investment in artificial intelligence is making investors nervous. But the technology continues to advance, buoying the bulls.

© Kenny Holston/The New York Times

Jensen Huang, C.E.O. of Nvidia, has seen his company’s value soar to more than $4 trillion on the back of investor enthusiasm for the artificial intelligence boom.
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Shoppers Spent Big This Holiday Season, Despite Economic Pressures

Consumers spent 3.9 percent more from Nov. 1 to Dec. 21 this year compared with last year, according to a Mastercard report on holiday spending.

© Karsten Moran for The New York Times

The holiday shopping figures show that spending has remained resilient, with consumers visiting stores and restaurants even as prices have risen.
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