Tech Hyperscalers Report Q1 Earnings Amid Rising Oil Prices and Memory Shortages
Alphabet, Amazon, Meta, and Microsoft are set to report Q1 earnings after the market close on Wednesday, addressing investor concerns about rising oil prices and memory shortages impacting their AI infrastructure spending. Despite a 50% increase in oil prices since the U.S.-Iran conflict began, their stock prices have remained resilient, and analysts have maintained their capital expenditure estimates.
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Topics: AI Infrastructure Capital Expenditures Earnings Memory Crisis Oil Prices Tech Giants U.S.-Iran War