AEX opens lower as investors weigh AI companies’ profits
The AEX fell at the open on Tuesday as investors awaited results from major technology firms and looked for evidence that AI investment is paying off.
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The AEX opened lower on Tuesday as investors remained cautious about whether highly valued artificial-intelligence companies can turn their spending into profits. Attention is focused on quarterly results due this week from major technology firms.
The Amsterdam index was down 0.4% at 1,136.94 points shortly after trading began, with losses in chip stocks. The MidKap fell 0.6% to 1,050.62, while markets in Frankfurt, Paris and London were down by as much as 0.4%, according to ANP [1].
Meta Platforms, IBM and Tesla were among the companies due to report results on Wednesday. Investors will be watching for signs that heavy investment in artificial intelligence is beginning to generate returns.
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