AI Earnings Reports Highlight Mixed Investor Reactions and Strong Cloud Growth
Amazon, Google, Meta, and Microsoft reported strong AI-driven growth in their earnings, with Amazon and Google seeing stock price increases while Meta and Microsoft faced investor backlash. Amazon's AWS revenue reached $37.6 billion, and Google's cloud revenue grew 63% year-over-year to $20 billion.
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Topics: AI AI Chips AWS Capital Expenditures Cloud Growth Earnings Google Cloud