Let’s see
MSFT and META Boost AI Spending: How Do You View This Earnings?
AI bolsters Microsoft's Q3 Azure revenue, which increased by over 30%, but a slowdown in growth is expected for Q4 along with increased AI spending, leading to a drop of over 3% in after-hours trading. Meta's revenue slightly exceeded expectations, but AI losses worsened, with warnings of substantial future increases, and a significant rise in capital expenditures is anticipated next year. As a result, Meta also fell over 3% in after-hours trading.
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How do you view the two giants' earnings?
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