Meta shares rose 8% on strong AI results, while Microsoft fell 10% due to AI spending concerns. US stocks dip as Meta surges while Microsoft slumpsMeta shares rose 8% on strong AI results, while Microsoft fell 10% due to AI spending concerns. Photo / Samuel Boivin, NurPhoto, AFPIn the US, Wall Street stocks dipped following diverging reactions to earnings from tech giants Microsoft and Facebook parent Meta Platforms. Shares of Meta jumped about 8% after strong results boosted confidence in the company’s aggressive artificial intelligence push, while Microsoft tumbled about 10% as surging AI spending rattled investors. “But this time around, investors will look at stocks on a company-by-company basis because not all are benefiting now at the same rate of pace.”

Source: New Zealand Herald January 29, 2026 20:34 UTC