Big Tech Is Carrying Stocks on Its Shoulders. Why AI Will Be Critical. – Barron’s
Here’s a question investors might want to ask ChatGPT: Can the tech rally keep going through earnings season?
Microsoft and Google-parent Alphabet will report earnings
this week, alongside Facebook-owner Meta Platform and Amazon.com. Stirring up excitement about artificial intelligence will be key against a backdrop of slowing advertising and cloud-computing spending. Alphabet is under pressure to show AI integration can keep Google’s place as the dominant search engine, while Microsoft could do with evidence that a ChatGPT-powered Bing is taking market share and advertising dollars.
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