Tom Dotan / Wall Street Journal:
Investors cheer Microsoft and Alphabet's huge AI spending plans as shares of 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 shares of 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