{"id":118813,"date":"2024-10-27T03:58:51","date_gmt":"2024-10-26T20:58:51","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=118813"},"modified":"2024-10-27T03:58:51","modified_gmt":"2024-10-26T20:58:51","slug":"q3-earnings-welcome-to-the-show-me-the-money-quarter","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=118813","title":{"rendered":"Q3 Earnings: Welcome to the \u2018show me the money\u2019 quarter"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p>\n    <cite class=\"source__cite\"><br \/>\n      <span class=\"source__location\" data-editable=\"location\">New York<\/span><br \/>\n      <span class=\"source__text\" data-editable=\"source\">CNN<\/span><br \/>\n        \u00a0\u2014\u00a0<br \/>\n    <\/cite>\n<\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2ndx88j00gd2dp6cc3b3n2d@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Silicon Valley\u2019s biggest names are about to reveal if their massive artificial intelligence investments are paying off or just burning cash. And the timing couldn\u2019t be spookier.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00033b6mgjbg49fo@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            In what some analysts are calling the \u201cshow me the money\u201d quarter, most of the major US tech titans will report earnings during Halloween week. Google-parent Alphabet kicks things off Tuesday, followed by Microsoft and Meta on Wednesday. The grand finale comes on Halloween day, when Apple and Amazon report third-quarter results. Nvidia, meanwhile, reports closer to Thanksgiving, on November 20.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2njmcyc0000356mv4zh99r6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cTech companies have been spending billions on AI like kids in a candy store,\u201d said David Laut, chief investment officer at Abound Financial. \u201cNow investors want to see what they\u2019re getting for their money.\u201d\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf7r0b000m3b6mdh8eda29@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Earnings season for tech got off to a strong start Wednesday evening when Tesla surprised Wall Street with better-than-expected earnings. The electric vehicle maker managed to boost profits by slashing the cost to build each car by $2,400 compared to last year, even as it wages a price war with competitors. The results sent Tesla\u2019s shares surging more than 11% in after-hours trading, potentially setting a positive tone for next week\u2019s parade of tech earnings.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00053b6m2pp1c996@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But the stakes remain huge for the rest of the so-called magnificent seven companies. Nvidia, the company making chips powering the AI boom, is now worth more than the entire stock markets of Canada and France.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00063b6migz50g8l@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The pressure may be strongest on Google and Microsoft, two companies locked in battle for AI supremacy. Google will need to prove that its AI tools are attracting paying business customers, while Microsoft is aiming to show that its multibillion-dollar partnership with ChatGPT-maker OpenAI is generating real revenue.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00073b6mimpimfqb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Meta, meanwhile, is betting that AI can add some fuel to its floundering advertising business, and Amazon is looking to convince investors that AI is driving growth in the cloud.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00083b6mlc10yt6z@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            But there\u2019s more spooking Wall Street than just tech earnings. Markets are growing increasingly nervous about next week\u2019s Federal Reserve meeting, where officials will signal if more interest rate hikes are coming. Add to that a presidential election that\u2019s looking increasingly close as well as growing geopolitical tensions, investors have plenty of reasons for concern.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk00093b6maaybgsu0@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cMaybe the long-awaited close election sell-off is arriving, albeit after six successive weeks of rallying,\u201d wrote Deutsche Bank\u2019s Jim Reid in a note last week.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk000a3b6miziv2kcb@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            For average investors, the next few weeks could determine whether their tech-heavy portfolios thrive or flounder.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk000b3b6mud1wwelo@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cWe believe tech stocks could jump another 20% higher in 2025 if companies show AI is actually making them money,\u201d said Dan Ives, an analyst at Wedbush Securities.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cm2nf0qsk000c3b6m8l1imixw@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            By Halloween night, as trick-or-treaters make their rounds, investors will have a better idea of whether Big Tech\u2019s massive AI bet is finally starting to pay off, or if the promise of artificial intelligence turns out to be more trick than treat.\n    <\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnn.com\/2024\/10\/26\/investing\/q3-earnings-ai-tech\/index.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York CNN \u00a0\u2014\u00a0 Silicon Valley\u2019s biggest names are about to reveal if their massive artificial intelligence investments are paying off or just burning cash. And the timing couldn\u2019t be &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=118813\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-118813","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/118813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118813"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/118813\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}