John Blackledge, an analyst at Cowen, commented that despite rising costs, all of these companies have seen an increase in margins compared to the previous year. Many investors are also bullish on the future development of tech giants. When it comes to AI, the tech giants are acting “faster and more decisive than I’ve seen incumbents react to a challenge,” said Rick Heitzmann, a partner at venture capital firm FirstMark Capital.
mr_cashcow : Riding the tech wave!
Jocelynn : ye s
Littlemouse72 : Agree
Woonsc : For me, AI technology outlook remains optimistic, promising profound impacts across industries and daily life, high growth potential in terms of investment. It has potential to revolutionize many sectors of our life such as: healthcare, finance, and transportation. Making gains in productivity and efficiency which takes us humans years to research. Within the tech market, a bullish sentiment prevails, with giants like Google and Amazon's AWS standing out for their extensive AI-driven initiatives and growth potential, having a stake in AI is a must for all!