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posted in Technology

sanitation@sanitation@lemmy.today
⁨20⁩d

AI is forcing Big Tech to do something it’s never done: Spend more than it earns, and Wall Street hates it

fortune.com/2026/07/23/ai-big-tech-never-spend-more-than-earns-wall-street-hates-it/
Alphabet Inc. and Google CEO Sundar Pichai speaks during the inauguration of a Google Artificial Intelligence (AI) hub in Paris on February 15, 2024. (FortuneAI is forcing Big Tech to do something it's never done: Spend more than it earns, and Wall Street hates it | FortuneThe Mag7 had its worst day Thursday since the tariff-driven selloff last April.
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Bieren@Bieren@lemmy.today
⁨18⁩d

Replying to @⁨sanitation@lemmy.today⁩

Only thing they are forced to do is benefit the shareholders.

⁨Jul⁩ ⁨27⁩, ⁨2026⁩, ⁨12:03⁩en
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leriotdelac@leriotdelac@lemmy.zip
⁨18⁩d

Replying to @⁨Bieren@lemmy.today⁩

I genuinely don’t understand how does this whole situation benefit stakeholders. Do they plan to cash out big before the bubble bursts?

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