Microsoft on Wednesday forecast disappointing growth in its Azure cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China.

While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.

Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.