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All eyes on AI to drive Big Tech earnings

Economic TimesEconomic Times · 3m
All eyes on AI to drive Big Tech earnings

The upcoming quarterly results of Big Tech giants will shed light on the impact and sustainability of artificial intelligence (AI) investments. Analysts predict strong growth and earnings for Microsoft and Google, driven by their AI initiatives. Apple, although a late entrant in the AI space, is expected to show improvement in China sales. However, analysts have concerns about Meta's growth due to increased spending on AI infrastructure. Microsoft is well-positioned to capitalize on generative AI and its cloud business, while Amazon's AWS is poised to capture AI-driven demand. Google's AI Overviews feature has faced skepticism and concerns about its impact on advertising revenue. Nevertheless, Google remains the top destination for search and search ad spending.

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