Reported 2 days ago
Amid a nearly $1 trillion loss in US tech stocks due to worries about AI investments, Meta has seen its stock rise to record highs, bolstered by positive investor sentiment regarding its AI strategy. In contrast, Microsoft is experiencing stock declines due to concerns over heavy AI spending and disappointing service traction, leading analysts to find that Meta's approach may place it in a stronger long-term position compared to Microsoft.
Source: YAHOO