GLOBAL MARKETS-Stocks Slip as Big Tech Gloom Mixes with Pre-Election Jitters

GLOBAL MARKET - LONDON. Global shares fell on Thursday, after Facebook owner Meta Platforms and Microsoft both warned of rising costs for artificial intelligence, while evidence of strong U.S. economic growth helped support the dollar.

Big Tech's warnings stoked worries among investors that the pay-off for heavy spending on AI may take longer than many had hoped. And with Amazon and Apple due to report later in the day, the mood was cautious.