(Bloomberg) -- Microsoft Corp. is at the intersection of two troubling trends roiling the technology sector, which has the stock on track for its worst quarterly performance since the global financial crisis two decades ago.First, the software giant is doubling down on capital expenditures as Wall Street increasingly asks when investments in artificial intelligence infrastructure will produce more dramatic payoffs in revenue growth. And second, investors are selling software stocks over fears th
Everyone wants to be in the AI business. It’s what was expected to make money. It’s lost so much, I love it.
Apple is the tail-ender in the AI race, but it’s paying off. Their latest macBook Neo is a success and it’s going to eat a lot of Microslop’s market.