Most of the tech megacaps report quarterly results this week, and investors are particular focused on capital expenditures.

Most of the tech megacaps report quarterly results this week, and investors are particular focused on capital expenditures.

Microsoft and OpenAI announced Monday a series of new business partnerships aimed to advance artificial intelligence capabilities in U.S. commerce.

Analysts are closely watching megacap tech earnings as the reports could be a crucial signal about where the U.S. stock market is heading.

Earnings reports from Meta, Alphabet and Microsoft reaffirm that giants are ramping up their spending on artificial intelligence, as they rush to reap the benefits of an AI boom.

The crux is that spending on artificial intelligence isn't going to slow down, at least for the next year, thanks to increasing demand for AI services.