Its third-quarter earnings report showed ad sales weren’t great and revenue didn’t meet expectations. That’s got investors worried about an AI-driven downturn.
The AI supply chain is full of mixed incentives, according to researcher David G. Widder. He’s not optimistic that the companies in charge of it will police themselves.
Meta, Google, Microsoft and Amazon report tomorrow. Apple reports on Thursday. These companies are so large that their earning reports can swing the stock market in either direction.