Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics

May 1, 2025

, By The Economic Times

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The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump‘s global trade war. AI came to the rescue of earnings at Microsoft and Google-parent Alphabet in their March quarter, offering investors hope that their billion-dollar bets on the technology would help them ride out the fallout from sweeping U.S. tariffs.Their upbeat commentary stood in stark contrast to gloomy predictions…

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Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics

May 1, 2025

, Published By The Economic Times

The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump‘s global trade war. AI came to the rescue of earnings at Microsoft and Google-parent Alphabet in their March quarter, offering investors hope that their billion-dollar bets on the technology would help them ride out the fallout from sweeping U.S. tariffs.Their upbeat commentary stood in stark contrast to gloomy predictions…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Over 60% of Hyperpure’s revenue now comes from non-restaurant businesses: Zomato

Next News

Google is reportedly showing ads in chats with some third-party AI chatbots

The Economic Times

More like this

Popular

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