Tech Report: Meta, Microsoft stocks soar
Meta delivered blowout earnings this quarter, sending its stock up 12% as the company reported stronger-than-expected results.
(LILAMAX)- Meta delivered blowout earnings this quarter, sending its stock up 12% as the company reported stronger-than-expected results. A key factor: aggressive investment in artificial intelligence. Company executives say the cost of attracting top AI talent is soaring, now ranking as Meta’s second-largest expense. The company has reportedly spent millions to recruit the industry’s best engineers. Microsoft has officially joined…