1 Big Reason Google Surged While Microsoft and Meta Fell After Earnings

The "Magnificent Seven" all seem to be grouped together at times, but as the artificial intelligence (AI) races heat up, each of these marquee companies is fighting the others for AI supremacy. That's why investors are so tuned in to the details of each company's earnings results; specifically, whether each company's investments in AI are paying off. That requires looking at two things, obviously: the spending, and the payoff.While recent third-quarter results appear to show strong AI growth across leaders Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META), only Google parent Alphabet saw a post-earnings surge of about 3% on Wednesday after reporting Tuesday, while Microsoft and Meta were both down about 5% and 4%, respectively, by midday Thursday after their reports Wednesday night.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool