Human workers are out of favor and the AI bots are in as computing technology eyes the next wave of growth. Billy Duberstein (Microsoft): Sure, it's not exactly a novel pick, but Microsoft proved again why it continues to gain such respect from the market after its fiscal third-quarter earnings conference call took place last Tuesday. Read More...
The Wall Street Journal
Starbucks, Ford, Apple Lead Another Busy Earnings Week
Apple Marriott International and Starbucks are among the companies that will report quarterly results in coming days, offering a closer look at consumer spending habits in a slowing economy. Ride-hailing company Uber Technologies auto maker Ford Motor Co. and pharmacy chain CVS Health are also scheduled to report, as consumers face steady price increases and inflation shows few signs of retreating. U.S. economic growth slipped in the first quarter, with gross domestic product up a seasonally adjusted 1.1%, which was down from the 2.6% growth reported in the fourth quarter.