Tech stocks today: Big Tech earnings this week mark a pivotal moment for the AI trade

Tech stocks rose Monday ahead of Big Tech earnings from Microsoft, Meta, Apple, and Amazon, with investors focused on capital expenditure numbers after Alphabet's guidance spooked concerns about free cash flow amid the AI spending boom. Nvidia is reportedly in talks with OpenAI to provide $250 billion in financing for a data center project in Ohio, raising questions about circular financing in the AI industry.

LIVE Updated 37 mins ago Tech stocks today: Big Tech earnings this week mark a pivotal moment for the AI trade Tech stocks rose on Monday morning amid tentative optimism ahead of a flood of Big Tech earnings this week. Results from 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/ , and Amazon.com AMZN https://finance.yahoo.com/quote/AMZN/ highlight the calendar, while reports from key chipmakers like SK Hynix SKHY https://finance.yahoo.com/quote/SKHY/ and Qualcomm QCOM https://finance.yahoo.com/quote/QCOM/ also factor in. All eyes will be on capital expenditures numbers after Alphabet's GOOG https://finance.yahoo.com/quote/GOOG/ , GOOGL https://finance.yahoo.com/quote/GOOGL/ capex guidance spooked investors who are growing concerned about free cash flow amid the AI spending boom. Meanwhile, Nvidia NVDA https://finance.yahoo.com/quote/NVDA/ is reportedly in talks https://finance.yahoo.com/technology/ai/articles/nvidia-talks-back-openai-ohio-114515389.html with OpenAI OPAI.PVT https://finance.yahoo.com/quote/OPAI.PVT/ to provide $250 billion in financing for a data center project in Ohio, once again raising questions about circular financing in the AI industry.