By TradingView
Publication Date: 2026-02-02 12:30:00
Microsoft and Meta’s trajectory began on the 29th and shifted to the beginning of what is potentially a short- to mid-term trend. Silver and gold’s trajectory downwards began on the 30th with a 10% correction for gold and a staggering 29% correction for silver relative to the 29th. .
Source: Leverage Shares analysis
Two separate yet somewhat interrelated events led to the shifting in favour among these disparate instruments.AI’s “Show Me the Money” Moment
An interesting moment occurred during Microsoft’s earnings call when the closely watched growth metrics for AI-relevant Azure and other cloud services revenue came in below consensus estimates at 39% while its More Personal Computing segment (that includes Windows) also came in quite below consensus estimates at $14.3 billion. Reacting to this, Microsoft CFO Amy Hood argued that the cloud segment’s result could have been higher if it had allocated more datacentre infrastructure to customers rather than prioritizing its…
