Hyperscaler results pose major test for AI-driven U.S. stock market 

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The ability for the companies to show the investments are paying off will be a focal point for Wall Street [File]
| Photo Credit: REUTERS

A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on ‌Wednesday with quarterly reports from four massive companies at the heart of the investment boom behind ​the new technology.

Results are due after the market closes from Microsoft, Alphabet, Amazon and Meta Platforms: ⁠four “hyperscalers” expected to spend over $600 billion this year on data centres and other AI-related infrastructure.



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