The chapter delves into the recent earnings reports of tech giants like Microsoft, Alphabet, and Meta Platforms, highlighting their performance in AI technology competition and investor reactions. It discusses the challenges faced by companies like Alphabet in balancing financial decisions between investing in AI and returning capital to shareholders. The conversation also touches on the upcoming earnings reports of major tech players like Amazon and Nvidia, hinting at broader implications for the investment community.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
James Cakmak, Technology Analyst at Clockwise Capital, shares his thoughts on earnings results from big tech companies including Microsoft and Alphabet. Bloomberg News International Economics & Policy Correspondent Michael McKee and Bloomberg News Rates Reporter Michael Mackenzie discuss US GDP data and the interest rate environment. And we Drive to the Close with Melissa Otto, Head of TMT Research at Visible Alpha.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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