Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta ...

Shares of Microsoft fell almost 10% Thursday while Meta jumped roughly 10% after earnings from both tech giants Wednesday.

Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.

Investors reacted in sharply different ways on Thursday to the latest quarterly results from Meta Platforms and Microsoft.

Earnings season is in full swing, with 102 companies in the S&P 500 index reporting earnings this week, according to LSEG. ↘️ ...

Big AI spending is fine. It just needs a timeline for profits.

Both companies announced capex projections that blew past consensus expectations, but only Meta seemed to rebuff the Wall ...

Revenue from the company’s cloud computing unit failed to meet analysts’ expectations.

Companies like Microsoft and Meta are still spending big on artificial intelligence. But investors remain antsy about seeing results.

Like longtime foe Elon Musk, Meta ( META) CEO and co-founder Mark Zuckerberg is laser-focused on charting a possibly more ...