Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
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It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence.
Meta Platforms
surged after showing signs that investments in AI is boosting the bottom line, while Microsoft
shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud segment.
Microsoft Plunges, Meta Rallies As Investors Demand AI Payoffs
Big tech results show investor demand for payoffs from heavy AI spending
Microsoft stock plunges as Wall Street questions AI investments
Meta Beats Wall Street’s Q4 Revenue Estimates—As AI Spending Rises
