the daily moo

Cash flow crushed: big tech's AI spending crosses the line


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Investors lose patience as cash warning flashes for big tech Markets are holding steady in the face of a rapidly rising oil price and dynamic results from major US companies. It's those results that are taking more investor attention than anything else with the key question of whether the massive spend on AI infrastructure is worth it. And at first blush, with fresh results from Alphabet and Tesla, and answer seems to be 'maybe not'.

Watchlist: Intel, SMIC, Sandfire Resources

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the daily mooBy Moomoo Australia & New Zealand