Microsoft weighs on Wall Street as gold’s price suddenly snaps back

Associated Press (AP)CenterEN 4 min read 75% complete by By STAN CHOEJanuary 29, 2026 at 05:23 PM

AI Summary

long article 4 min

On Thursday, U.S. stock markets declined, pulling back from recent record highs, with the S&P 500 down 0.7%. Microsoft's stock plummeted 12.1%, its worst day since 2020, despite reporting strong earnings, due to investor concerns about spending and the timeline for AI profits. This drop significantly impacted the S&P 500. Tesla also contributed to the market's decline, despite exceeding profit expectations, as investors focused on flagging car sales. ServiceNow fell despite a strong profit report. Meta Platforms and IBM were among the gainers. Overall, companies are facing pressure to demonstrate profit growth to justify high stock prices.

Key Entities & Roles

Key Player Opposition Context

ServiceNow 40% IBM 40% William Lawrence 40% Meta Platforms 50% Nasdaq 50% Elon Musk 50% United States ×260% Dow Jones Industrial Average 60% New York Stock Exchange 60% Tesla ×270% S&P 500 ×370% Microsoft ×690%

Sentiment Analysis

Negative

Score: -0.30

Source Transparency

Source

Associated Press (AP)

Political Lean

Center (0.00)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

United States

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).