Big Tech Investors to Scrutinise Profits After Industry-Wide Layoffs, Firms to Highlight AI as Growth Driver
A quarter into record layoffs, investors in US tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver. Microsoft, Google parent Alphabet, Instagram owner Meta Platforms, and Amazon.com all report quarterly results in this week. Together, they command more than $5 trillion … Read more