Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
Update: 2025-11-01
Description
Investors cheered as tech giants like Alphabet and Amazon reported strong AI-driven cloud sales, boosting stocks. However, Meta and Microsoft faced backlash for high spending without immediate returns. The market now demands tangible profits from AI investments, with Nvidia's upcoming earnings report set to influence the sector's tone. Despite mixed results, overall optimism surges as most big tech companies exceed expectations and drive earnings growth.
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