Major tech companies report earnings amid AI bubble concerns
CBS News
—
Four of the biggest tech companies reported earnings after the closing bell on Wednesday.
Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
- Meta, parent of Instagram and Facebook, beats revenue expectations Associated Press —
- Amazon Offers Q1 Shoutout To โProject Hail Maryโ, Tops Wall Street Forecasts Amid AI Arms Race Deadline —
- Amazon reports increased 1Q profits and net sales fueled by cloud computing demand CTV News —
- Alphabet's first-quarter profit soars with Google's big AI bets AP News —
- Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand - Reuters Reuters —