Following on the earlier (admittedly truncated) "Microsoft Beats Top and Bottom; Alphabet Misses (MSFT; GOOG)".
From Reuters via Nasdaq, January 30:
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft MSFT.O, Alphabet GOOGL.O and Advanced Micro Devices AMD.O delivered quarterly results that failed to impress investors who had sent their stocks soaring.
The selloff following the tech giants' reports after the bell underscored investors' elevated expectations following an AI-fueled stock market rally in recent months that propelled their shares to record highs with the promise of incorporating the technology across the corporate landscape....
....MUCH MORE
Getting late in the after market GOOG is down $8.90 (-5.82%) at $144.15.
MSFT is down $1.39 (-0.34%) at $407.20.
And for good measure, non-reporter NVDA is down $11.485 (-1.83%) at $616.475, probably in sympathy with AMD down $11.17 (-6.49%) $160.89 but giving me a chance to iterate, reiterate and iterate again: AMD is not Nvidia.
