Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
The broad market is less volatile today, but the big news continue to be tech stocks releasing quarterly earnings. Dow Jones Industrial Average: Up 0.35% Nasdaq: Up 0.04% S&P 500: Up 0.26% Meta Rises, ...
Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion ...