Washington, United States, Jan 29, 2026 (AFP) - Meta shares skyrocket, Microsoft slides on Wall Street after earnings

NAMPA / AFP

2026-01-29

Shares in Meta skyrocketed by 10 percent at opening on Wall Street on Thursday, a day after the social media giant posted better than expected earnings as the company invests heavily in artificial intelligence. Microsoft, whose earnings disappointed analysts, saw its share price tumble by 10 percent, with investors showing concern for the return on investment for the software giant's spending on AI. arp/acb ...

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