WS #13081
Microsoft beats Azure estimates (43% growth, $100B annual) and surges ~17%, while Meta drops ~9% on AI spending concerns, creating a massive divergence in the AI trade. Citadel acquires bulk of Situational Awareness's AI stock portfolio after forced liquidation, potentially marking a bottom for AI stocks and triggering a broad tech rebound.
Microsoft vs Meta Earnings Divergence
Microsoft beats Azure estimates (43% growth, $100B annual) and surges ~17%, while Meta drops ~9% on AI spending concerns, creating a massive divergence in the AI trade.
Citadel acquires bulk of Situational Awareness's AI stock portfolio after forced liquidation, potentially marking a bottom for AI stocks and triggering a broad tech rebound.