WS #12779
Alphabet and Tesla sold off sharply on high capex, with Magnificent 7 losing $787B in market value. Microsoft, Meta, Amazon, and Apple report this week; investors are shifting focus from AI spending to returns on that spending.
Big Tech earnings and AI spending scrutiny
Alphabet and Tesla sold off sharply on high capex, with Magnificent 7 losing $787B in market value. Microsoft, Meta, Amazon, and Apple report this week; investors are shifting focus from AI spending to returns on that spending.