• Tattorack@lemmy.world
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    2 hours ago

    Eyup. Quarterly reports, and the investors not being happy about it.

    A lot of the big corpos have reported something called “negative income” yet doubling down even harder on “we gotta spend more on AI now. MOAR!!!” and nobody liked that.

    A comment on Yahoo Finance from some dude called Lerner:

    “The story is no longer simply about the strength of AI demand. Wall Street is increasingly demanding evidence that heavy investment will translate into durable profits and cash flow,”