{"id":256521,"date":"2025-11-02T00:54:07","date_gmt":"2025-11-02T00:54:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/256521\/"},"modified":"2025-11-02T00:54:07","modified_gmt":"2025-11-02T00:54:07","slug":"big-tech-earnings-reveal-cracks-in-case-for-massive-ai-spending","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/256521\/","title":{"rendered":"Big Tech Earnings Reveal Cracks in Case for Massive AI Spending"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">A week that saw the <a href=\"https:\/\/www.bloomberg.com\/quote\/13598Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Federal Reserve<\/a> cut interest rates and dozens of US companies report earnings nevertheless boiled down to a single theme: artificial intelligence.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Results from US technology giants showed that the world\u2019s biggest corporations are still pouring billions into AI infrastructure, cheering investors and bolstering the case for betting on the technology. The <a href=\"https:\/\/www.bloomberg.com\/quote\/SPX:Ind\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">S&amp;P 500 Index<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/NDX:Ind\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Nasdaq 100<\/a> both advanced for the week and are hovering near fresh records. <\/p>\n","protected":false},"excerpt":{"rendered":"A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless&hellip;\n","protected":false},"author":2,"featured_media":256522,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,24885,5066,254,255,64,63,2575,8551,176,4217,5626,41936,171,100646,105],"class_list":{"0":"post-256521","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alphabet-inc-cl-a","10":"tag-amazon-com-inc","11":"tag-artificial-intelligence","12":"tag-artificialintelligence","13":"tag-au","14":"tag-australia","15":"tag-cloud-computing","16":"tag-earnings","17":"tag-federal-reserve","18":"tag-infrastructure","19":"tag-interest-rates","20":"tag-investment-management","21":"tag-markets","22":"tag-meta-platforms-inc-class-a","23":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/256521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=256521"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/256521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/256522"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=256521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=256521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=256521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}