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  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Wall Street loses patience with AI: Big Tech's billion-dollar investments put the market to the test

FinanceInternationalBloomberg Línea35 s readAI summary
Image: Bloomberg Línea

Wall Street awaits results from Alphabet, Microsoft and Amazon with attention on how much they invest in artificial intelligence and when it will pay off. After Meta said it expects to raise its spending commitments by US$125 billion to US$825 billion, its stock fell 6.1%. Traders are retreating to Treasuries and the 10-year yield is back below 5% for the first time in a month.

In 35 seconds

  • Alphabet, Microsoft and Amazon report results, with focus on AI spending and its profitability
  • Meta expects to raise spending commitments by US$125 billion to US$825 billion and fell 6.1%
  • The 10-year Treasury yield fell back below 5% for the first time in a month
Read the full story at Bloomberg Línea

IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.

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