Asia Morning Briefing: MSFT, Meta Soar on Strong AI Earnings, But Crypto AI Tokens Fail to Follow
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Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Artificial Intelligence (AI) majors are slightly down despite blockbuster earnings by tech giants Microsoft (MSFT) and Meta, which cited their respective AI efforts as a catalyst for beating earnings. Microsoft’s cloud revenue j...
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