Published: Nov 04, 2024, 05:40 IST | Updated: Nov 04, 2024, 05:40 IST
World Business Watch Nov 04, 2024, 05:40 IST
Tech Earnings Fail to Keep Ai Frenzy Going
Last week, revenues and earnings for microsoft,apple, alphabet, amazon, and meta platforms exceeded analyst estimates. However, the results were insufficient to warrant the high multiples these companies have in comparison to the broader market.