Big Tech knocked it out of the park
About this episode
The episode discusses the quarterly results of major tech companies and the implications for the economy and AI spending.
Yesterday, we got quarterly results for some of the biggest companies in the economy, including Google parent company Alphabet, Microsoft, Amazon, and Meta. Investors have been pinning hopes on Big Tech. We'll do the numbers on tech firms' earnings and discuss whether the good times — and big spending on AI — can last. But first, the U.S. economy grew faster in the first three months of this year, and we'll outline challenges awaiting Kevin Warsh as the next chair of the Federal Reserve.
Topics covered
- Big Tech earnings
- AI spending
- U.S. economy growth
- Federal Reserve
- investor expectations
Mentioned in this episode
Organizations: Google, Alphabet, Microsoft, Amazon, Meta
Places: U.S.
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