Bloomberg’s Ed Ludlow breaks down big tech's earnings, with Microsoft soaring on cloud growth as its AI gets traction, while Meta plummets as Zuckerberg's AI pitch falls flat on high spending. Plus, Qualcomm CEO Cristiano Amon joins after the company warns of component shortages and rising costs, and all eyes are on Apple as Tim Cook gives his last earnings report as CEO.

Markets Brace for Microsoft and Meta Earnings
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AI Trade Stumbles as Chip Stocks Slide
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AI Industry’s Circular Financing Deals, Apple Smart Glasses
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