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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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theguardian.com
Microsoft shrugs off AI bubble fears again with strong financial results
Company reports second-quarter revenues of $81.27bn but posts slowing growth in key cloud computing business
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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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cnbc.com
Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings
Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
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forbes.com
Microsoft Plunges After Reporting Slowed Cloud Growth
Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.
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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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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%.