Microsoft stock was headed for its worst one-day drop since the depths of the Covid-19 market rout, after the company ...
Shares of the software giant were down 12 per cent as of 1:20 p.m., their biggest intraday plunge since March 2020, erasing ...
Big AI spending is fine. It just needs a timeline for profits.
Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
Shares of Microsoft plunged 12% and software stocks hit a bear market. The S&P 500 edged back from 7,000 as AI spending fears ...
The Dow and S&P 500 were little changed, while the Nasdaq closed higher, after the Federal Reserve voted to keep rates steady ...
Big earnings movers include Meta, Tesla, and Lam Research. Apple earnings are due late.