A big cloud hangs over Big Tech earnings: Is all this AI spending worth it?

A crucial question looms over the busy slate of Big Tech earnings that kicks off Tuesday night: Is the massive spending on generative artificial intelligence generating the returns that justify the investment? Club holding Alphabet 's second-quarter report last week – which featured hefty capital expenditure outlays and guidance that they will continue – rekindled the debate about AI's short-term impact on profits and the timeline to see a substantial financial lift.

Not only did its cloud-computing arm Google Cloud demonstrate revenue growth of 29%, but management said its newly launched AI Overviews are boosting engagement for its key search-engine business. While those details weren't enough to quell concerns about overspending, we found them encouraging and supportive of our multiyear optimism on AI.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks are lower as the earnings reporting season ramps up for big companies.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »

Stock market today: World stocks fall as investors are underwhelmed by Big Tech earningsWorld stocks are lower as the earnings reporting season ramps up for big companies.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »

Investors Rotate Out of Big Tech Right Before Earnings - Sign of What's to Come?Stocks Analysis by Christine Short covering: Nasdaq 100, S&P 500, Dow Jones Industrial Average, Walt Disney Company. Read Christine Short's latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »