Google, Microsoft, Amazon face investor pressure to justify massive AI spending as earnings loom
India, Oct. 28 -- Google, Microsoft and Amazon will report their quarterly earnings this week. Investors will watch how much money these companies are spending on artificial intelligence (AI) and whether this spending is helping them make more money.
These three technology companies are under pressure to show that their huge spending on AI is worth it. Their earnings reports are part of a busy week for company results. Together, these companies' results make up more than one-third of the earnings reported by S&P 500 companies, according to Yahoo Finance.
Investors will focus on two main questions: How much money are these companies spending on AI, and how much money can they expect to earn from it? The same issue came up when Meta repor...
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