US Tech Stocks Under Pressure: 3 Stocks to Watch Before Next Week’s Earnings
Photo: Coinpedia
US tech stocks are entering a pivotal earnings week as investors question whether the AI boom can justify its mounting costs. The Nasdaq Composite fell 0.21% on October 23 to close at 25,955.34, while the S&P 500 dropped 0.52% to 7,623.68, extending its weekly decline. With Microsoft, Alphabet, and Amazon preparing to report results, investors will scrutinize cloud growth, AI monetization, and capital expenditure for signs that heavy investments are translating into sustainable earnings. The upcoming reports could test whether the recent pullback is a temporary setback or a broader reassessment of AI valuations.
Source: Coinpedia
