In earnings season, it's AI good, everything else, not so much


FILE PHOTO: The Alphabet logo, a keyboard, and robot hands are seen in this illustration created on January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Businesses focused on artificial intelligence are raking it in so far this earnings season. Those catering to actual people, less so.

The AI spending surge is providing a big boost for semiconductor and software giants like Google parent Alphabet, while companies from airlines to restaurants and food manufacturers are struggling to navigate an erratic U.S. trade policy which is boosting costs, upending supply chains and hurting consumer confidence.

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