Big Tech AI spending hits $725 billion as earnings roll in
The biggest earnings night of the year Wednesday night delivered one of the most consequential earnings sessions in recent memory. Alphabet, Amazon, Meta Platforms, and Microsoft, four of the so-called Magnificent Seven tech companies, reported results after the closing bell, with options traders pricing in more than $800 billion in combined market cap movement across […] The post Big Tech AI spending hits $725 billion as earnings roll in appeared first on Rolling Out.
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The biggest earnings night of the year Wednesday night delivered one of the most consequential earnings sessions in recent memory. Alphabet, Amazon, Meta Platforms, and Microsoft, four of the so-called Magnificent Seven tech companies, reported results after the closing bell, with options traders pricing in more than $800 billion in combined market cap movement across […]
The post Big Tech AI spending hits $725 billion as earnings roll in appeared first on Rolling Out.
