Market Focus: Meta’s higher AI budget jolts shares, signals long-term push
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Microsoft beat quarterly estimates as strong Azure cloud growth and rising AI adoption boosted revenue, earnings and guidance, while growing Copilot usage and improving AI returns strengthened investor confidence in its long-term outlook.
Valuation expert Aswath Damodaran has criticised excessive quarterly disclosures, calling it “disclosure diarrhoea” that fuels short-termism and earnings games. The NYU professor argues for leaner reporting focused on meaningful information rather than reducing transparency.
The Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensions, energy prices and a slowing labour market. Investors will track the central bank’s guidance on future rate moves.
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…