US Tech Earnings: AI Investments Drive Strong Results for Major Players
The world’s largest technology companies delivered robust quarterly results, demonstrating sustained revenue growth driven by artificial intelligence (AI) capabilities and cloud infrastructure demand. Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOGL), and Microsoft (NASDAQ: MSFT) collectively showcased the massive scale of ongoing AI investments, with combined capital expenditures approaching unprecedented levels. While operational performance remained strong across the board, one-time charges and reg ...