Amazon Results to Bring More Scrutiny for AI-Tethered Stocks
- The tech giant reports results Tuesday after markets close
- Investors will also be looking for the company’s outlook
An attendee walks through an expo hall at AWS re:Invent 2023 in Las Vegas.
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Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.
The message so far from investors: shares of firms that demonstrate progress in monetizing AI will be rewarded, while firms that don’t will see their stock price punished.