Meta (META) and Microsoft (MSFT) stocks tumbled Thursday as investors weighed their hefty AI expenditures against the time it will take to generate a return on their investment.
As Microsoft anticipates a sequential increase in capital spending during the current quarter, Evercore ISI analyst Amit Daryanani highlighted a few companies that stand to gain. Arista and Vertiv ...
(Reuters) -Wall Street futures tumbled on Thursday as warnings from Meta Platforms and Microsoft about rising AI-related costs dampened optimism around megacap stocks, which have been the market's ...
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