Big Tech profits poised for rebound despite market slide

Big Tech profits poised for rebound despite market slide

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.