Silicon Valley has invested astronomical amounts of money in the field of artificial intelligence, and Wall Street is worried that these investments will go to waste. The tension between the two has always caused the market to fluctuate drastically. Subsequently, Microsoft's market capitalization skyrocketed by nearly 500 billion US dollars in a single day. Microsoft shares surged 16%. The company's previously released earnings report calmed market concerns that the growth rate of investment in data centers, chips and other fields would exceed the company's ability to generate cash. Microsoft's market capitalization soared by 450 billion US dollars in a single day, the biggest single-day increase in the history of an American company. Meta Platforms' situation is quite the opposite. According to some predictions, the free cash flow of the Instagram parent company in the second half of this year will turn negative for the first time since it went public in 2012. Affected by this, the company's stock price plummeted 8%. Meta shares declined for the 11th consecutive trading day, marking the longest losing streak on record.

Silicon Valley has invested astronomical amounts of money in the field of artificial intelligence, and Wall Street is worried that these investments will go to waste. The tension between the two has always caused the market to fluctuate drastically. Subsequently, Microsoft's market capitalization skyrocketed by nearly 500 billion US dollars in a single day. Microsoft shares surged 16%. The company's previously released earnings report calmed market concerns that the growth rate of investment in data centers, chips and other fields would exceed the company's ability to generate cash. Microsoft's market capitalization soared by 450 billion US dollars in a single day, the biggest single-day increase in the history of an American company. Meta Platforms' situation is quite the opposite. According to some predictions, the free cash flow of the Instagram parent company in the second half of this year will turn negative for the first time since it went public in 2012. Affected by this, the company's stock price plummeted 8%. Meta shares declined for the 11th consecutive trading day, marking the longest losing streak on record.