Microsoft and Alphabet Earnings Put Focus on AI Cash Flow Drain
Microsoft Corp. and Alphabet Inc. shares have gone separate ways since the companies’ last earnings reports as Wall Street increasingly digs in on the way heavy artificial intelligence spending is weighing on corporate bottom lines.
Covered by 2 publishers within 14 hours of the first report.
Summary from Bloomberg.
Reporting2
Bloomberg Microsoft and Alphabet Earnings Put Focus on AI Cash Flow Drain · Ryan Vlastelica
New York Post Google parent Alphabet tumbles after profit disappoints, warns AI is battering its cash flow · Reuters