27 Gems

28490 Points

Badges: Rookie

$500B Overnight Because of AI:

$500B Overnight Because of AI

Wall Street’s AI leaders just added over half a trillion dollars in value after strong quarterly reports from Microsoft and Meta, showing that their massive AI investments are starting to pay off.

Microsoft stock rose 8% in after-hours trading, adding $288 billion to its market value.

Meta surged 9%, adding $152 billion, driven by strong revenue forecasts and bigger AI spending plans.

Nvidia and Amazon also gained as excitement around AI investments spread across markets.

This shows that AI is becoming a major driver of stock market growth. The biggest tech companies are proving that heavy AI investments can translate into huge financial returns, fueling investor confidence and shaping the future of the tech industry.