Reported about 16 hours ago
During this earnings season, major tech companies including Alphabet, Meta, Microsoft, and Amazon are expected to significantly increase their AI investments while facing scrutiny from investors. Analysts project substantial capital expenditures, with Meta's expected to rise by 125% to $18.6 billion. However, concerns about a possible AI bubble and the need for solid revenue growth alongside these investments create a challenging environment for these companies. Investors are keen to see how these expenditures relate to actual AI revenue, as the tech sector navigates this high-stakes landscape.
Source: YAHOO