🚀 Crypto Market Buzz: AI's Got the Big Tech Giants in a Spin! 🤖
Meta and Microsoft just reported stellar Q3 earnings, but their shares took a nosedive after-hours. Why? Both are pouring big bucks into AI, leaving traders jittery.
- Meta's revenue soared 19% to $40.59B, beating Wall Street's $40.21B estimate. EPS hit $6.03 vs. $5.19 expected.
- Microsoft saw a 16% revenue jump to $65.59B, with EPS at $3.30, topping the $3.08 forecast.
Despite the AI hype, both stocks dipped—Meta by 3.18% and Microsoft by 3.71%.
What do you think? Is AI the future or just a costly gamble? Drop your thoughts below! 👇