Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results
Big tech including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested.Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alph
31 Oct 02:41 · CNA
Big Tech's AI splurge worries investors about returns ahead of Amazon results
:Big technology companies including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested.Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI inve
31 Oct 02:41 · CNA
Stock market today: Microsoft, Meta drag tech stocks lower on concerns over AI spending
Stocks tumbled sharply on Thursday, dragged down by tech. Microsoft and Meta stock dropped on renewed concerns over AI spending. Jobless claims fell more
31 Oct 20:16 · Business Insider Nederland
last updated on 1 Nov 01:09