Editorial companion

What stands out

Jason Hsu, CIO at Rayliant Global Advisors, singled out Amazon and Microsoft as the two earnings reports most likely to show whether artificial intelligence can actually generate scalable revenue, not just hype. He argues their results will provide concrete signals about AI monetization: revenue pacing, product-level demand for AI services, and the willingness of enterprise customers to pay. That focus narrows a sprawling narrative, from vague AI optimism to testable business outcomes over one earnings season.