Why Apple, Amazon, and Meta Platforms All Fell on Microsoft's AI News
The artificial intelligence company will help power a Bing chat product that could upend the search business and advertising with it. Shares of Apple (NASDAQ: AAPL) fell as much as 2.3% in trading Wednesday, Amazon (NASDAQ: AMZN) dropped 3.3%, and Meta Platforms (NASDAQ: META) fell up to 4.5%.