Tech earnings season is coming and AI is top of mind [Yahoo! Finance]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
Generative AI will no doubt be top of mind as the push to monetize the technology continues and investors look for any indication that those billions of dollars in investments are starting to pay off. “We're forecasting it to be about an 8% growth as a kind of collective growth number for the large-cap technology companies,” said Alex Smith, head of Canalys' channels research department. “In terms of overall growth, Nvidia is going to far outstrip the rest of the market.” But generative AI isn't the only thing on investors' minds. Apple's earnings should prove eventful after the company's rough start to the year, with the iPhone maker facing everything from antitrust lawsuits to slowing sales in China, one of its most important markets. Meta ( META ) and Google parent Alphabet ( GOOG GOOGL ), meanwhile, will give Wall Street a sense of how the digital advertising market is performing. Both companies saw sales increase in the prior quarter, but Alphabet fell shy of analysts' expe
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