[The shadow of AI burning money is looming, and it is difficult for technology giants to please Wall Street even if their financial reports meet the standards] On October 26, it was reported that the three largest and most important technology companies in the world are expected to show strong growth when they announce their financial reports this week. Typically, this would be seen as a catalyst to stabilize volatile stock markets. But for Wall Street, everything hinges on two key questions: How much money these companies are investing in artificial intelligence, and when those investments will start to deliver material returns. Given the market's violent reaction to Meta Platforms Inc.'s increased capital spending last week, any disappointing news is likely to be punished mercilessly. "Investors are completely impatient for higher capital spending right now," said John Belton, portfolio manager at Gabelli Funds. "The stock market may still be whistling through the graveyard and pretending that the risk doesn't exist, but it will eventually have an impact, or at least make the market more fragile."