Reported about 23 hours ago
Wall Street's major players in artificial intelligence, Microsoft and Meta Platforms, collectively added $500 billion in market value following strong quarterly earnings that demonstrated the success of their substantial investments in AI technology. Microsoft saw an 8% increase in share price, while Meta rose by 9%, contributing significantly to the market excitement over emerging AI applications. The results also highlighted a positive outlook for future revenue, boosting investor confidence in AI-related stocks.
Source: YAHOO