Junior Dos Santos Reis
@juniordossantos
"Wall Street's main indices fall this Thursday due to warnings from Meta and Microsoft, both companies having surpassed profit estimates in the results released after the market closed on Wednesday. Microsoft and Meta said their capital expenditures were growing due to investments in AI, which could pressure profitability even as investors seek quick returns on the billions of dollars already invested. While bets on AI technology stocks have driven Wall Street to record highs this year, investor exuberance has caused the shares to trade at incredibly expensive valuations. Lows in the short term, excellent time for those who still have cash to go shopping." (Reuters)
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