Why Microsoft’s inventory is getting punished after earnings
Published:
It’s Microsoft’s turn to be in the investor doghouse over artificial-intelligence spending.
Three months ago, Meta Platforms
META seemed to be Wall Street’s punching bag in response to AI expenses that were potentially out of whack with AI revenue. But Meta’s 7.3% stock climb in Wednesday’s extended session, following the company’s own earnings report, suggests investors are now more at peace with the balance between AI investments and monetization over there.