The Big Tech earnings reporting season kicked off this afternoon with Meta, Microsoft and Tesla releasing quarterly results ...
Big AI spending is fine. It just needs a timeline for profits.
It turns out investors are willing to forgive huge capital spending if a company's core business is thriving.
Investors reacted in sharply different ways on Thursday to the latest quarterly results from Meta Platforms and Microsoft.
META’s AI monetization is driving 24% YoY revenue growth and stronger earnings. Click for more on META and MSFT.
Microsoft shares tumble as Azure revenue growth slows, while Meta rises even after the Facebook parent ramps up its spending ...
Tesla, Microsoft and Meta headlined huge earnings late after the stock market paused at record highs.