LONDON (Reuters) — Microsoft and Google confirmed buyers that heavy synthetic intelligence funding can repay with emerging earnings, allaying issues raised an afternoon previous via Meta, which mentioned its dear foray into AI used to be no longer in an instant paying off.Stocks in Google-parent Alphabet had been up over 11% in prolonged buying and selling on Friday, whilst Microsoft stocks rose just about 5%.That contrasts with a greater than 10% slide in Meta stocks on Thursday, after the social media company signalled its pricey guess on AI may take years to repay.Microsoft beat Wall Side road estimates for third-quarter earnings and benefit on Thursday, pushed via beneficial properties from adoption of man-made intelligence throughout its cloud services and products.Alphabet introduced its first-ever dividend on Thursday and a $70 billion inventory buyback, after beating expectancies for the quarter in gross sales, benefit and promoting.(Reporting via Samuel Indyk; Enhancing via Amanda Cooper)
