15min chapter

Closing Bell cover image

Closing Bell: What’s Riding on Big Tech’s Big Reports? 10/29/24

Closing Bell

CHAPTER

AI and Earnings: Tech Titans' Next Moves

This chapter explores the upcoming earnings reports from major tech companies, particularly for Alphabet, while analyzing expectations surrounding AI monetization and user engagement. The discussion highlights competitive dynamics, capital expenditure trends, and the impact of AI advancements on market positioning for companies like Meta, Microsoft, and AMD. Additionally, it examines broader market implications amidst record highs for the NASDAQ and shifts in stock performance.

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