Starcast
Join the waitlist
SpaceX, Tesla, Meta Headline Week's Big Tech Earnings
Coming soon to iPhone. Already have it? “Listen in Starcast” takes you straight there.
On this episode
About this episode
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A rebound in chipmakers buoyed the stock market Monday as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings. The advance in tech stocks lost steam last week as investors questioned the sustainability of AI spending, given the outlook for higher rates. This week’s earnings from Meta Platforms will provide a fresh proving ground for confidence in the AI trade, while SpaceX, Tesla, and Meta are also due to report. The industry is still set to account for nearly 70% of global earnings growth next…