There were AI “trust me” moments at Microsoft and Meta. One rose, one sank

Within hours, a bizarre Rorschach test unfolded on Wall Street as analysts and investors digested the December quarter results of two of the world’s most important companies: Microsoft and Meta Platforms.

At least on the surface, both companies delivered similarly impressive results. At Microsoft, revenue rose 17 percent to $81.3 billion ($115.4 billion) and operating profit rose 21 percent to $38.3 million, beating analysts’ expectations and underlining strong profit growth.

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