The third-quarter earnings season begins next week for tech stocks. The Nasdaq Composite Index has declined 6% from recent highs due to concerns about whether AI can live up to the hype and rising inflation. Microsoft and Shopify are among the AI companies favored by Wall Street to deliver positive surprises for investors. Investors are also watching Anthropic, creator of the Claude chatbot, whose upcoming public offering raises questions about financial risks and AI safety concerns.
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