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Stocks Rally with More AI Optimism; Government Shutdown Enters Day Three | Bloomberg Brief 10/3/2025

Bloomberg•Friday, October 3, 2025 at 11:00:20 AM
PositiveFinancial Markets
Stocks Rally with More AI Optimism; Government Shutdown Enters Day Three | Bloomberg Brief 10/3/2025
Global stocks are experiencing a rally fueled by renewed optimism surrounding significant AI deals and partnerships. Notably, Global Infrastructure Partners is reportedly in advanced negotiations to acquire Aligned Data Centers for a staggering $40 billion. This surge in the market comes despite ongoing concerns about a government shutdown, now in its third day, as President Trump considers cutting thousands of federal jobs. Veronica Clark from Citi highlights the absence of a jobs report and warns about the potential repercussions of an extended shutdown. This situation is crucial as it reflects the interplay between technological advancements and economic stability.
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