PREVIEW Tech companies to highlight AI in earnings; investors focus on profits

📆 2023/04/25 5:55:00
📰 Reuters

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U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction.

, is set to post a first-quarter profit that is expected to increase eight times, when compared with the immediately previous quarter.

According to research firm YipitData, Amazon's North America sales are set to beat Wall Street estimates in the first quarter.

Microsoft has integrated OpenAI's ChatGPT technology into its search engine Bing, pitting it against market leader Google.Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots

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