Strong ad sales for Big Tech likely, but no signs of boost in AI business
Monday, 23 October 2023
US technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilised, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed. Microsoft, Google-parent Alphabet, Facebook-parent Meta Platforms and Amazon are expected to have built on the recovery in their […]
US technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilised, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed. Microsoft, Google-parent Alphabet, Facebook-parent Meta Platforms and Amazon are expected to have built on the recovery in their […]
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