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Microsoft Plunges, Meta Rallies As Investors Demand AI Payoffs

Microsoft dropped 10%, shedding more than $350 billion in market value after its cloud business failed to impress, while Meta gained 10%.

Jan 29 (Reuters) – Big Tech earnings so far this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth, but are quick to punish companies that fall short.
The contrast … [4208 chars]

Source: HuffPost | Published: 2026-01-29T21:51:15Z

Credit: HuffPost

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