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$Meta Platforms (META.US)$ and $Microsoft (MSFT.US)$ are both scheduled to release their 2024 last quarter earnings on January 29th after bell.
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Since the release of the 24Q3 earnings report, $Meta Platforms (META.US)$ has risen by 7.36%, hitting a historic high of $637.883, while $Microsoft (MSFT.US)$ has increased by 3.62%. As AI technology continues...

Background
Shortly after the inauguration of President Donald Trump, he announced a USD$500bn joint venture, "Stargate" comprising of $Oracle (ORCL.US)$, $SoftBank Group (ADR) (SFTBY.US)$ and OpenAI that will focus on advancing and building the next era of AI infrastructure. The 3 companies will commit USD$100bn now and raise this amount over the next 4 years to meet the USD$500bn target. This was meant to cement both his presidential legacy and at the same time en...