BTC, which was advancing extremely strongly towards the US market opening, suddenly turned downwards with a surprise last-minute announcement. The announcement for Microsoft also sent stock market futures down sharply. After BTC dropped below $92,000, it continues to find buyers at a level close to $92,000. What’s going on?
Cryptocurrencies Last Minute
Last minute announcement shared by The Information Microsoft’s It’s about the revision in revenue expectations from artificial intelligence tools. The tech giant thought that artificial intelligence would automate many tasks and that adoption would be strong in 2025. But as the year draws to a close, he appears to have changed his mind about how quickly customers will spend money on these new products.
According to the report based on 2 sales representatives in the Azure cloud unit, sales targets are not being achieved significantly. Microsoft, on the other hand, revised its unachievable targets for certain products downwards. Insiders say quota reductions are rare artificial intelligence This led to comments that the revenues might not be as good as expected.
In short, Microsoft cannot sell its artificial intelligence tools and services to its customers at the speed it wants. Because customer adoption of AI is much slower than expected, sales targets are being revised downwards despite being very well set. Therefore AI bubble In the middle of the discussions, just as this issue is cooling down, a new negative reading appears before us.
Immediately after the report was published BTCstock market and cryptocurrencies It decreased simultaneously with MSTF. If AI appetite, which recovered after NVIDIA’s earnings report, now becomes questionable again, it will not be good for cryptocurrencies.
