Markets Brings Mostly Tricks And No Treats On Halloween
Wall Street hates it when companies spend money on infrastructure projects, even when related to AI. Everyone wants the finished product without the realization that it takes time and money to get to that result. This became clearer after Microsoft (MSFT) and Meta (META) released earnings and guided lower due to the rising costs of upcoming projects. The market responded by selling shares, which in turn helped the entire market fall nearly 2%. Does that mean it’s the end of the bull market or the perfect time to get in?
