AI spending boom vs. peak-earnings worries
Markets are debating whether massive AI capex and a $1.1T cloud backlog signal growth or a peak after what was called AI's worst week.
What we know
An account on X highlights opposing Goldman views on cloud backlog vs peak earnings. Dave Blundin predicts record AI investment by Big Tech. Another account on X draws attention to compute availability.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.