China profits jump 25.7% but AI costs sink stocks
Earnings surge at onshore firms, yet investors punish tech as AI spending shifts from promise to expense.
By Yousef Al-Zahrani·· 3 min
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Curating from trusted global sources…
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Curating from trusted global sources…
2 briefings · “ai spending”
Earnings surge at onshore firms, yet investors punish tech as AI spending shifts from promise to expense.
The CRM giant's blockbuster quarter and expanded Anthropic partnership sent shares soaring and lifted the whole software sector, a clear signal that AI spending is now priced into enterprise winners.
