Meta, Microsoft Confront AI Spending Concerns Head-On

Yesterday was a tale of two hyperscalers. Both Meta and Microsoft held after-the-bell earnings calls (for Meta’s fourth quarter and Microsoft’s second). Both have faced recent shareholder skepticism about the scale of investment in AI-powered data centers and their seemingly far-off returns. Both companies announced capex projections that blew past consensus expectations. And yet only one firm, Meta, seemed to overcome Wall Street’s wariness. Double standard? SUBSCRIBE:  Receive more of our free The Dail ...