Tech earnings: AI spending moderation could prove detrimental
Market Intelligence Analysis
AI-PoweredThe upcoming earnings season is expected to bring significant attention to AI spending, with experts anticipating moderation in AI investments, which could have a detrimental impact on tech companies.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Earnings season is off to another busy week as Magnificent Seven companies prepare to release quarterly earnings results: Microsoft (MSFT), Meta Platforms (META), and Tesla (TSLA) coming out on Wednesday, and Apple (AAPL) on Thursday.The S&P 500 (^GSPC) inches closer to a record milestone of 7,000 amid investor anticipation.Washington Crossing Advisors Senior Portfolio Manager Chad Morganlander comes on Market Domination to talk more about the ROIC figures (Return on Invested Capital) that he expects to see from the AI hyperscalers this week.To watch more expert insights and analysis on the latest market action, check out more Market Domination.
Analysis and insights provided by AnalystMarkets AI.