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Tag: Big Data

Microsoft and Meta's profits are rising rapidly, but their stocks are falling because both companies aren't building data centers fast enough

Posted on | Posted on angela | Leave a Comment on Microsoft and Meta's profits are rising rapidly, but their stocks are falling because both companies aren't building data centers fast enough
Microsoft and Meta's profits are rising rapidly, but their stocks are falling because both companies aren't building data centers fast enough

NEW YORK (AP) — Wall Street felt the downside of high expectations Thursday as Microsoft and Meta Platforms pushed U.S. stock indexes lower despite posting big gains over the summer. The S&P 500 lost 1.6% in midday trading and was on track for its worst day in nearly eight weeks, falling further from its record […]