Alphabet, Microsoft, Meta Earnings Will Spotlight AI Spending — But the Bigger Story May Be In The Footnotes
Ahead of Alphabet, Microsoft and Meta earnings, Wall Street is looking beyond AI capex to purchase commitments disclosed in footnotes.
Big tech companies are spending huge amounts of money on AI, and Wall Street wants to see the fine-print details about their future spending plans to understand if it's working out. When you look at these companies' reports, pay attention to what they say about their plans ahead, not just what they spent recently.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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