Meta and Microsoft Q3 Earnings Boosted by AI, but Muted

Meta and Microsoft have reported better-than-expected earnings for the last quarter, with their AI businesses driving the strong financial performance. However, despite the positive results, both companies have provided muted outlooks for the future, causing their shares to drop in after-hours trading. The market reaction suggests that while AI has been a significant growth driver for these tech giants, investors remain cautious about the sustainability of this trend and the overall market conditions.

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