WS #13021
META extends losing streak to 10 days after Q3 revenue guide miss and 91% FCF collapse, with costs up 55% and Reality Labs cumulative losses at $87B. Microsoft Azure revenue surpassed $100B run rate with 43% YoY growth, providing concrete evidence of AI monetization and strong enterprise demand.
META historic selloff continues
META extends losing streak to 10 days after Q3 revenue guide miss and 91% FCF collapse, with costs up 55% and Reality Labs cumulative losses at $87B.
Microsoft Azure revenue surpassed $100B run rate with 43% YoY growth, providing concrete evidence of AI monetization and strong enterprise demand.