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Investors cheer Microsoft and Alphabet's huge AI spending plans as stock for both firms rallied but not Meta's, which saw its worst trading


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2024-04-27 06:37:40
milo
Cybersecurity Business

Tom Dotan / Wall Street Journal:

Investors cheer Microsoft and Alphabet's huge AI spending plans as stock for both firms rallied but not Meta's, which saw its worst trading day in 18 months  —  Meta had its worst trading day in 18 months after warning of years of AI investment; shares of Microsoft and Alphabet rallied




Tom Dotan / Wall Street Journal:

Investors cheer Microsoft and Alphabet's huge AI spending plans as stock for both firms rallied but not Meta's, which saw its worst trading day in 18 months  —  Meta had its worst trading day in 18 months after warning of years of AI investment; shares of Microsoft and Alphabet rallied



Source: TechMeme
Source Link: http://www.techmeme.com/240427/p3#a240427p3


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