BUSINESS INVESTMENT SURGES ON AI SPENDING AND FEDERAL INCENTIVES
NEW YORK, July 23 (Reuters) – U.S. business investment gained momentum in the second quarter as companies accelerated spending on artificial intelligence (AI) and took advantage of newly enacted federal tax incentives, analysts said on Wednesday. “Corporate America is in the midst of an AI-driven capital expenditure boom,” said Carlos Nguyen, head of U.S. equity … Read more