Microsoft and Meta shares dip as results fail to meet investors' expectations on AI delivery

S&P 500 and Nasdaq both fell

The latest results from Microsoft and Meta have spurred mixed reactions from investors and markets, with share prices in both companies taking a dip after the tech giants posted their quarterly figures.

According to data from MarketWatch, Microsoft's shares were down 3.8% in pre-market trading at the time of reporting on Thursday (31 October). Meta's stock also took a blow, with its shares 2.7% lower in pre-market trading. In addition, the S&P 500 futures index, which indicates the likely direction of the US stock market, was down by 0.3% at the time of reporting, while the S&P 500, which represents the actual value of the stocks included in the index, also saw a decline of 0.3%. Meanwhile, the Nasdaq Composite was 0.5% lower than a day earlier. BlackRock and Microsoft partner ...