Reported 1 day ago
Big Tech companies, including Microsoft, Amazon, and Alphabet, are projected to invest $325 billion in AI this year, influencing the stock market's direction. While mixed reactions have emerged from these announcements, experts suggest that tracking these investment plans presents a clearer indicator of market health than traditional earnings metrics. The focus on these tech giants reflects concentrated risks present in the current market dynamics, with potential impacts from significant investment changes.
Source: YAHOO