AI slowdown? Big Tech earnings are telling a different story.

1. Microsoft and Meta enhance AI investment plans amidst strong demand. 2. Microsoft's cloud revenue surged to $42.4 billion, exceeding expectations. 3. Meta raised AI capital expenditure guidance, reflecting increased infrastructure costs. 4. Analysts suggest continued strong AI demand despite data center leasing concerns. 5. AI growth narrative might shift with upcoming earnings from key tech companies.