Earnings updates from Microsoft, Apple, Tesla and Meta next week will indicate whether skepticism over AI investment returns is affecting sector performance.
In late 2025, investor concerns about the profitability of artificial intelligence investments led to a shift in Big Tech stock performance. Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla had dominated markets for years, but since the October 29 index peak, five of the seven have seen declines. Alphabet rose 20% and Amazon gained, standing out from the broader slowdown. Upcoming earnings reports from Microsoft, Apple, Tesla, and Meta are expected to provide a clearer view of the sector’s current health.