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Wall St set to open higher as Meta, Microsoft results fan AI frenzy
Meta Platforms soared 11.4% in premarket trading after the social media giant forecast third-quarter revenue well above estimates, thanks to AI boosting its core advertising business. Microsoft issued a record capital spending outlook of $30 billion for the current quarter and reported higher-than-expected sales in its Azure cloud computing business.
Microsoft's stock could close at a fresh high on Wednesday, and one expert wonders what to make of it at these levels. Is investor sentiment "overly optimistic," or is Wall Street still underestimatin ...
Historically, a dropping VIX indicates less fear in the market, and rising VIX accompanies stock market downturns. However, ...
Microsoft stock surged on better-than-expected financial results for its latest quarter and strong guidance, putting the tech ...
Microsoft Corporation is set to release its quarterly earnings report after markets close on Wednesday, with investors ...
Hang Seng Index slips on weak China PMI and strong US inflation data. Stimulus hopes now key to avoiding a break below the 24,500 support level.
Microsoft's valuation shines with its strategic AI moves, data center growth, and robust investor sentiment. Read more on MSFT stock here.
Sentiment is in favor of bulls, but not at extremes Every week, Investors Intelligence (II) puts out a poll gauging the amount of newsletter optimism and pessimism surrounding the stock market.
Investors have found a lot to like in Microsoft's earnings report, judging by the stock's nearly 8% move higher in Wednesday's extended session. There's the roughly $3 billion beat on revenue, helped ...
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