Spending on artificial intelligence isn't slowing, and tariffs — so far — aren't taking a huge toll on business, Big Tech told us this week. Why it matters: A slew of tech giants just delivered solid earnings,

West Coast tech giants Microsoft and Meta both exceeded analyst forecasts in first-quarter earnings reports Wednesday.

Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms and Microsoft results beat Wall Street expectations.