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International Business Times
International Business Times
Business

US Tech Titan Earnings Rise On AI As Economy Roils

Amazon Web Services, the cloud computing division at the e-commerce giant helped power quarterly earnings that beat market expectations (Credit: AFP)

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.

"Massive results seen by Microsoft and Meta further validate the use cases and unprecedented spending trajectory for the AI Revolution on both the enterprise and consumer fronts," Wedbush tech analyst Dan Ives said in a note to investors.

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