Business

Tech Sector Focuses on Earnings and AI Spending

Updated 2026-10-20 13:05 UTC 2 sources Neutral

The tech sector is closely watching earnings reports, with Meta leading the charge. The company may signal higher-than-expected AI spending in its upcoming earnings call, potentially setting a trend for other Big Tech firms.

Coverage timeline — 2 articles

CNBC

Novo's next-generation obesity drug shows 25% weight loss in women in late-stage analysis

Novo released new evidence that its experimental CagriSema injection can improve upon the weight loss with its blockbuster GLP-1 obesity injection, Wegovy.

2026-10-20 12:50 UTC

MarketWatch

Meta is back on offense — and its next move could signal higher AI spending across Big Tech

Meta could be the first major tech company this earnings season to foreshadow higher-than-expected AI costs for next year.

2026-10-20 12:56 UTC