What We Learned From Big Tech Earnings in the Past Week
MSFTMicrosoft(MSFT) Investopedia·2024-08-03 19:17

Key TakeawaysReactions to earnings from Meta, Amazon, Microsoft, and Apple in recent days suggested it may be getting more difficult for big tech companies to impress investors eager to see clear signs that spending on artificial intelligence is paying off.Meta shares gained after the social media giant highlighted how early gains from AI to optimize user engagement benefit its ad business, along with its plans to boost investments in the tech.Microsoft's cloud-growth miss sent shares lower, with investors ...