Reported about 8 hours ago
As Microsoft and Amazon prepare to report their earnings, investors are closely examining their capital expenditures in light of potential cutbacks in artificial intelligence infrastructure spending. Reports indicate both companies may be reducing investments, which could signal economic caution and impact valuations. Analysts suggest that while revenue growth for both firms remains strong, uncertainty in the market and the broader economic conditions may lead to a pullback in spending on AI and cloud computing.
Source: YAHOO