U.S. futures were up Friday morning after Google parent Alphabet and Microsoft shares spiked in after-hours trading.The tech giants reported better-than-expected quarterly earnings after the bell, with Alphabet announcing its first cash dividend. Shares were up more than 11 percent pre-market. Microsoft was up nearly 4 percent.This comes a day after the major U.S. stock indexes fell, weighed down by a one-two punch of economic data that showed growth slowing and inflation persisting.
Similarly, Amazon is leveraging AI in diverse facets of its operations, from e-commerce algorithms to cloud computing services provided by Amazon Web Services, which includes substantial AI integration.Overall, the prevailing investor sentiment around AI is one of optimism and strategic positioning, aiming to capitalize on the growth trajectory that AI technologies are anticipated to follow in the coming years.
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