AI capital expenditure forecast to exceed the cost of building railways in both the U.S. and the U.K. — with the internet added on top
The accounting giant says the buildout of artificial intelligence differs from the development of railways and the internet because of its scale and spending growth.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
A ‘death cross’ is coming for the dollar. Why Trump will be happy.
Don’t look now, but there are some technical reasons to believe that U.S. Treasury Secretary Scott Bessent was right when he declared to the financial markets that “I am the house now.”
MarketWatch
Microsoft’s stock has roared back to life, closing at its highest level of the year
Microsoft shares got off to a rough start this year, but investors have warmed to the company’s AI narrative over the last few months.
MarketWatch
Apple’s expensive new iPhones could be a double-edged sword for the company
Bernstein analysts suggest Wall Street isn’t properly modeling the extent to which gross margins, a profit metric, could take a hit due to the rising costs of smartphone components.
MarketWatch