Microsoft, Alphabet Face a ‘Show Me’ Moment After Meta Misfire
- Results from both companies will speak to AI demand and growth
- Shares of Microsoft and Alphabet have outperformed in 2024
Microsoft has been aggressive in implementing its Copilot AI assistant into its products.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast.
Both Microsoft Corp. and Alphabet Inc. are due to deliver what are seen as pivotal reports after the market close. Traders expect fresh insight into how broadly consumers and enterprises are adopting AI services — and what growth will look like from here. Scrutiny will be intense after Meta revealed it will spend billions more dollars than expected this year — triggering a stock selloff.