Big Tech Faces Investor Skepticism Over AI Spending
Earnings reports reveal mixed results and growing concerns about the profitability of AI investments.
- Meta's AI investments show early gains, easing investor worries despite high spending.
- Microsoft and Amazon struggle with cloud growth, leading to stock declines.
- Apple's AI strategy and upcoming product launches keep investors cautiously optimistic.
- Intel and AMD's chip performance highlights competitive pressures in the AI sector.
- Analysts warn of a potential AI bubble as companies continue massive spending without clear returns.