Big Tech profits poised for rebound despite market slide
Edited By WION Video Desk
Published: Apr 22, 2024, 06:05 IST | Updated: Apr 22, 2024, 06:05 IST
As big tech earnings are announced this week, investors are looking for a potential lifeline in the form of artificial intelligence (AI). The S&P 500 just endured its worst week in over a year, but giants like Microsoft, alphabet, and Meta are forecasted to report strong profits. This optimism hinges on AI's projected role in driving future growth.
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