💡RESULTS: 4 very different ways the tech giants are paying their AI bills.
Microsoft $MSFT beat revenue and profit expectations and continues to fund AI with cash flow, while paying $10.2 billion to shareholders.
Alphabet $GOOGL fell far short of profit expectations, burned through $9 billion in free cash flow, and did not buy back shares.
Meta $META , which missed expectations last week due to a $9.9 billion legal expense, is raising $98 billion from investors.
Meanwhile, SK Hynix, which supplies them with memory, beat revenue and operating profit expectations and is distributing $75 billion to its shareholders.
#news #EarningsSeason #AI #BinancePick #KOSPIFalls3.53%BackBelow6000
Microsoft $MSFT beat revenue and profit expectations and continues to fund AI with cash flow, while paying $10.2 billion to shareholders.
Alphabet $GOOGL fell far short of profit expectations, burned through $9 billion in free cash flow, and did not buy back shares.
Meta $META , which missed expectations last week due to a $9.9 billion legal expense, is raising $98 billion from investors.
Meanwhile, SK Hynix, which supplies them with memory, beat revenue and operating profit expectations and is distributing $75 billion to its shareholders.
#news #EarningsSeason #AI #BinancePick #KOSPIFalls3.53%BackBelow6000
