Reported 28 days ago
Alphabet is set to report its quarterly earnings, marking the beginning of the earnings season for major tech companies including Microsoft, Amazon, Meta, and Apple. Market strategist Venu Krishna emphasizes the significance of this earnings season as companies face challenges with moderating earnings and high capital intensity in artificial intelligence investment. Investors are keenly awaiting indications of when these AI expenditures will begin to deliver financial returns, with Krishna noting the potential for corrections in stock valuations during this period of uncertainty.
Source: YAHOO