Big Tech firms beat earnings expectations amid AI spending questions

Semafor — Apr 29, 22:38 PM

Alphabet, Amazon, Meta, and Microsoft all beat first-quarter earnings expectations on Wednesday, but investors are poised to closely scrutinize their heavy spending on AI.

Read full article at Semafor →

Big Tech AI spending surges

Meta, parent of Instagram and Facebook, beats revenue expectations Associated Press — Apr 29, 21:38 PM
Amazon Offers Q1 Shoutout To ‘Project Hail Mary’, Tops Wall Street Forecasts Amid AI Arms Race Deadline — Apr 29, 21:28 PM
Amazon reports increased 1Q profits and net sales fueled by cloud computing demand CTV News — Apr 29, 21:23 PM
Alphabet's first-quarter profit soars with Google's big AI bets AP News — Apr 29, 20:50 PM
Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand - Reuters Reuters — Apr 29, 20:36 PM