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3 Big Tech Earnings Reports to Watch as AI Bills Keep Growing
Published Source: BeInCryptoRead original
Crypto Insight Summary: Big tech earnings arrive this week, with Microsoft, Alphabet, and Amazon all releasing quarterly reports. In their latest quarters, Google Cloud grew 82%, Azure 42%, and Amazon Web Services (AWS) 37%, while all three spent heavily on AI infrastructure. Microsoft and Alphabet report on Wednesday, hours after the Federal Reserve announces its rate decision at Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Big tech earnings may cause market volatility but unlikely to directly impact crypto markets significantly.