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0 0.000806796070428627 0.000522044516159715 -0.00336956005884869 -0.00170850932561333 -0.00199326087988224 -0.00256276398842007 -0.00327464287409234
Stock impact report

Big Tech's second quarter just started, and it's already facing major challenges [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
There's the question about when companies will start to see significant returns on the massive sums they're spending on AI data centers; Microsoft ( MSFT ) is contending with its worst stock performance in years; and the war in Iran and resulting fuel crisis continue to suppress shares of some of tech's biggest names. Take a look at the Magnificent Seven stocks, and you'll find that each is down following its most recent earnings report, despite the fact that the majority of them posted better-than-anticipated results. All of that's setting up a particularly interesting start to Q2 for Big Tech. AI spending The major hyperscalers, Amazon ( AMZN ) ; Google ( GOOG GOOGL ); and Microsoft, and Meta ( META ) are set to spend $650 billion in 2026 on capital expenditures, with the vast majority of that going toward building AI data centers and developing AI models. That massive cost has repeatedly spooked investors since the companies began their enormous construction efforts, and Show less Read more
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