Corporate Profits Stall — But America’s AI Spending Hits Record Highs

Corporate Profits Stall — But America’s AI Spending Hits Record Highs

U.S. companies are seeing profit growth slow sharply this quarter, yet AI investments are skyrocketing as firms from Microsoft to Walmart double down on automation and data infrastructure. Analysts say corporate America is betting trillions on artificial intelligence as the next major engine of productivity and growth.