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    ITNewspapersThe Economic Times

    All eyes on AI to drive Big Tech earnings

    Biju Kumar
    By Biju KumarJuly 22, 2024

    Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the major investments AI requires are sustainable for the long haul.

    Analysts at Wedbush Securities, one of Wall Street’s biggest believers in AI’s potential, expect “growth and earnings to accelerate with the AI revolution and the wave of transformation” it is causing.

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