TechBloomberg Tech1h ago

Big Tech Earnings and AI Anxiety

TL;DRTech earnings season underway amid AI concerns; Fed expected to hold rates steady.

Why it matters: Market direction hinges on whether Big Tech can justify valuations amid AI hype deflation.

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Fed Chair Kevin Warsh stays silent on rates, fueling bets the Fed holds steady this month. Big Tech earnings kick into high gear as AI anxiety rattles investors. Plus, Tesla’s Roadster takes…

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Source: Bloomberg Tech · Opens in new tab