The Big Tech earnings reporting season kicked off this afternoon with Meta, Microsoft and Tesla releasing quarterly results after the closing bell. Follow our live coverage here.

The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.

Massive AI infrastructure spending and heavy reliance on OpenAI are making investors question how quickly Microsoft can turn hype into revenue. Microsoft stock just suffered its biggest single day drop since 2020.

In its fourth quarter earnings report, Meta said capital spending plans for 2026 should be in the range of $115-$135 billion, well ahead of consensus forecasts.

By Aditya Soni and Deborah Mary Sophia Jan 29 (Reuters) - Big Tech earnings so far this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth,

Big AI spending is fine. It just needs a timeline for profits.

It turns out investors are willing to forgive huge capital spending if a company's core business is thriving.

META’s AI monetization is driving 24% YoY revenue growth and stronger earnings. Click for more on META and MSFT.