Generative AI and Its Implications for Tech Companies’ Earnings

Generative AI has propelled the whole US stock market higher this year, fueling a strong rise for IT investors.

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Companies in the industry have been projecting big things for technology.

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Precise predictions of the precise timing at which generative AI would affect the industry's finances have been notably absent.

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Tech companies are expecting that generative AI can help them.

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They were unable to foresee when new AI features might appear in their products.

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Generative AI and Its Implications for Tech Companies’ Earnings

Generative AI has propelled the whole US stock market higher this year, fueling a strong rise for IT investors.

Companies in the industry have been projecting big things for technology.

Precise predictions of the precise timing at which generative AI would affect the industry's finances have been notably absent.

Tech companies are expecting that generative AI can help them.

They were unable to foresee when new AI features might appear in their products.

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