With Meta's earnings report on Wednesday and Google parent Alphabet and Microsoft set to release theirs on Thursday, analysts expect artificial intelligence (AI) to be a key theme for big tech.
Meta is set to report first-quarter earnings on April 24, and analysts expect revenue and income to rise year-over-year but fall from the prior quarter. They also see solid ad revenue growth.
Meta Platforms on Wednesday announced the latest version of its custom artificial intelligence (AI) that could reduce its dependence on Nvidia as the AI arms race heats up between tech giants.