Elena Nikulina

Big Tech Q2 earnings launch amid investor scrutiny, Gracy Chen notes

Big Tech Q2 earnings launch amid investor scrutiny, Gracy Chen notes
Big Tech faces Q2 earnings test

Gracy Chen, chief executive officer at Bitget, highlights that Big Tech companies are starting to report Q2 earnings, putting the AI-driven trade through its most challenging period so far.

Over the past two years, the market rewarded firms for investing in GPUs, expanding data centers, increasing power capacity, and boosting capex. Chen observes that investors are now becoming more critical and asking tougher questions about these investments.

Earlier this year, Chen reported that wallet payment use on Bitget surpassed trading, marking a shift in user activity and platform priorities, according to a previous update. She has also noted that Bitcoin dominance may remain elevated in the current cycle, with low-utility token sectors seeing less traction than in past years, as highlighted in another recent article. These observations come as investors assess tech sector investments with increased scrutiny during earnings season.

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