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Bloomberg: Technology
· 1 min read
World NewsBloomberg: Technology
Microsoft, Alphabet Earnings Put Focus on AI Cash Flow Drain
Microsoft Corp. and Alphabet Inc. shares have gone separate ways since the companies’ last earnings reports as Wall Street increasingly digs in on the way heavy artificial intelligence spending is weighing on corporate bottom lines. With the two technology giants and major AI players poised to post their results after the bell Wednesday, recent stock market trading indicates that investors give Microsoft an edge. We get a preview from Bloomberg Tech host Ed Ludlow. (Source: Bloomberg)
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