Is AI spending actually a sore spot for Big Tech margins?

Wall Street awaits Big Tech earnings from Microsoft, Meta, Apple, Amazon, and Qualcomm this week, with investors questioning whether rising AI capital expenditures are squeezing margins and profitability, according to Yahoo Finance's Morning Brief.

US stock futures ES=F https://finance.yahoo.com/quote/ES%3DF , NQ=F https://finance.yahoo.com/quote/NQ%3DF , YM=F https://finance.yahoo.com/quote/YM%3DF are soaring in Monday's pre-market trading as Wall Street looks ahead to this week's bout of Big Tech earnings, which includes Microsoft MSFT https://finance.yahoo.com/quote/MSFT/ , Meta Platforms META https://finance.yahoo.com/quote/META/ , Apple AAPL https://finance.yahoo.com/quote/AAPL/ , Amazon AMZN https://finance.yahoo.com/quote/AMZN/ , and Qualcomm QCOM https://finance.yahoo.com/quote/QCOM/ . Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking News Reporter Jake Conley and Bullseye American Ingenuity Fund portfolio manager Adam Johnson to discuss whether tech companies raising AI capex is actually hurting profitability and margins.