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Big Tech's AI spending spree comes with a catch

Big Tech aims to harvest new markets with these new spending sprees. But you'll have to trust the companies the investment is worth it.

Amazon Earnings to Bring More Scrutiny For AI-Tethered Stocks

Amazon Results to Bring More Scrutiny for AI-Tethered Stocks

(Bloomberg) Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterThe

Layoffs are a nightmare for employees, but Wall Street loves them

Companies just can’t stop talking about their plans to cut jobs. A recent Bloomberg analysis found that the rate of mentions of layoffs in quarterly earnings

Tech Layoffs Scare Employees but Make Wall Street Investors Happy

Companies with strong profits are letting workers go to prove to Wall Street that they're serious about cutting costs and becoming more efficient.