increasing

That reflects a 3% drop in advertising revenue, part of a downward pressure mostly due to “the impact of the increasing prominence of Google AI Overviews on Google search sessions,” IAC said.

Those issues appear more striking when paired with increasing concerns over megacap tech’s dominance of the equity markets, and the increasingly circular nature of AI spending among a handful of players.

In January, new rules came in which cracked down on phone and broadband providers increasing prices in the middle of a contract without warning.

"We know too much exposure to artificial light at night can harm your health, particularly increasing the risk of heart disease. However, we did not know how this harm happened," Fernandez-Mendoza said.

The Cantor team also said memory, storage and semiconductor-capital-equipment players would benefit from the increasing AI spending.