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Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained | Fortune
Microsoft’s stock has plummeted 12% owing to a slight miss on revenue, showing how spooked investors are by the “spend now, profit later” AI market.
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fortune.com
Microsoft demand backlog doubles to $625 billion thanks to OpenAI, but hefty spending and slower revenue growth spook investors | Fortune
Some worry that the tech giant is struggling to keep up with AI demand.
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Microsoft’s $440 billion wipeout, and investors angry about OpenAI’s debt, explained | Fortune
Microsoft’s stock has plummeted 12% owing to a slight miss on revenue, showing how spooked investors are by the “spend now, profit later” AI market.
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theguardian.com
Big tech results show investor demand for payoffs from heavy AI spending
Meta wowed Wall Street with improvements in ad targeting fueled by AI alongside huge investment. Microsoft had less to show for its billions spent
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aljazeera.com
Microsoft stock plunges as Wall Street questions AI investments
The drop comes amid stalling growth for its cloud computing software as OpenAI investments are questioned.
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huffpost.com
Microsoft Plunges, Meta Rallies As Investors Demand AI Payoffs
Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta gained 10%.