In the latest earnings reports, major tech companies including Meta, Google, and Microsoft are facing scrutiny as they continue to ramp up their investments in artificial intelligence, totaling around $80 billion. While Alphabet reported significant growth, rising shares by over 5%, both Meta and Microsoft experienced declines in their stock prices, falling by as much as 9%. This mixed reaction from investors highlights the growing concerns over the sustainability of the AI investment boom and potential risks of an AI bubble. The current earnings season poses critical questions for these tech giants as they navigate investor expectations amid continuous spending on AI development. Analysts are watching closely as the stock market reacts to these developments, with future performance reliant on how effectively these companies can convert their significant investments into profitable growth.