{"id":113985,"date":"2025-11-02T11:57:25","date_gmt":"2025-11-02T11:57:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/113985\/"},"modified":"2025-11-02T11:57:25","modified_gmt":"2025-11-02T11:57:25","slug":"big-tech-earnings-reveal-cracks-in-case-for-massive-ai-spending","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/113985\/","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":113986,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,16544,5740,363,364,732,4568,866,1702,3508,15376,220,32470,111,139,69,145],"class_list":["post-113985","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alphabet-inc-cl-a","tag-amazon-com-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-cloud-computing","tag-earnings","tag-federal-reserve","tag-infrastructure","tag-interest-rates","tag-investment-management","tag-markets","tag-meta-platforms-inc-class-a","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/113985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=113985"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/113985\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/113986"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=113985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=113985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=113985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}