UPDATE 3-Microsoft Plunges, Meta Rallies as Investors Demand AI Payoffs

UPDATE 3-Microsoft plunges, Meta rallies as investors demand AI payoffs

UPDATE 3-Microsoft plunges, Meta rallies as investors demand AI payoffs Big Tech earnings so far ‌this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth, but are quick to punish companies that fall short. The contrast was clear in Thursday's market reaction to earnings from Microsoft and Meta, highlighting how dramatically the stakes have changed since the laun…

Magnificent Seven earnings: Meta wows, Microsoft and Tesla mixed

Meta, Microsoft and Tesla kicked off earnings season for the so-called Magnificent Seven tech stocks on Wednesday, and it was the Facebook parent company that most impressed investors.

What Tesla, Meta, Microsoft Q4 earnings say about who's winning AI race

Anadolu/Anadolu via Getty ImagesA wave of earnings from Meta, Microsoft, and Tesla offered a look at how the AI race is going.All three companies are still touting profit gains unlocked by AI, without many results so far.Investors are showing a willingness to forgive big capex spending, as long as a company's core business is thriving.Heading into Wednesday's hoy trinity of earnings — which saw Meta, Microsoft, and Tesla report within five minut…

Strong Earnings, $130B AI Fuels 7% Rally

The post Strong Earnings, $130B AI Fuels 7% Rally appeared on BitcoinEthereumNews.com. Shares of Meta Platforms jumped more than 7% following the release of the company’s fourth-quarter earnings report, as investors reacted to stronger-than-expected financial results and growing confidence in the company’s artificial intelligence strategy. Meta share price (Source: CoinCodex) The rally came after Meta reported quarterly performance that exceeded…

Meta Platforms (NASDAQ:META) Shares Gap Up on Strong Earnings

Meta Platforms, Inc. (NASDAQ:META – Get Free Report) gapped up prior to trading on Thursday following a better than expected earnings announcement. The stock had previously closed at $668.73, but opened at $737.43. Meta Platforms shares last traded at $717.4530, with a volume of 27,414,798 shares changing hands. The social networking company reported $8.88 EPS […]

Earnings Weigh on Gains - Archer Financial Services

STOCK INDEX FUTURES The indexes are mixed as Tesla, Meta, and Microsoft all head different... The post Earnings Weigh on Gains appeared first on Archer Financial Services.