Big Tech Earnings Show AI Revenue Growth as $650 Billion Capex Looms
Amazon, Alphabet and Microsoft posted double-digit cloud growth as AI demand kept turning into revenue.
Amazon, Alphabet and Microsoft posted double-digit cloud growth as AI demand kept turning into revenue.
Nvidia closed at a record and pushed its market value above $5 trillion as investors piled into AI chips ahead of hyperscaler earnings next week.
Companies are boosting output through AI capex and efficiency, keeping hiring muted and 2026 raises near 3%.
As the White House pushes faster AI adoption, software spending pivots toward security, governance, and tighter controls.