This is a burning AI question from investors about technology revenues around the corner

• AI powers the market to its highest ever high.

• But this revenue season will be a key moment when massive technology shows that massive AI spending is paying off.

• Before the technology revenues begin this month, there are three big questions about AI for investors.

Large tech companies will let investors know if all the hype is still worth it.

Technology trade continues to move amid tariff turmoil and market uncertainty S&P 500 High. With Mega-Cap Tech’s earnings scheduled to kick off later this month, investors are looking for clues to see if AI fuel momentum can keep stocks higher.

According to Eric Sheridan, co-business leader of Goldman Sachs’ TMT group, the launch of Deepseek, a cost-effective AI model from Chinese startups, was a “existential moment” of AI trade.

“The focus is on payoff or return dynamics,” Sheridan told Business Insider. “How do you see companies using AI? How do you see consumers adopting AI applications in their daily lives?

AI technology offers a promise of growth Productivity Profit ratio? Investors will soon turn to the second quarter revenue season for answers.

Big tech companies have poured billions into building AI infrastructure, and there is a lot of debate on Wall Street about how much more companies can spend.

Like February, Amazon, Microsoft, alphabetand MetaTotal AI investment in 2025 exceeded $300 billion, a notable increase as it spent $246 billion in 2024.

Competition in the AI space is fierce as large technology companies compete to develop better large language models. And it’s still in the early stages. In other words, this level of capital expenditure can continue into the future.

“There’s still a pretty low visibility into what they’re going to spend next year,” Sheridan said of the big companies.

“I wouldn’t put a high probability on slowdowns,” he added.

A lot of money and effort is poured into AI tools for businesses, but investors want clear indications of what that means.

Investors do that Look for clues to call revenues that AI adoption is accelerating. They’re not just interested or not nvidia We will strike the expectations of consensus. They are They are also looking for wider adoption of AI among other companies.

Investors have reason to be optimistic as there was green shoots in the previous months. The oldest signs of AI adoption are primarily Software Industry As companies hire Agent AI Complete tasks autonomously.