WS #13036
Microsoft beats with $90B revenue, Azure +43%, $100B annual Azure revenue, after-hours +7%; Meta misses with $60.8B revenue, Reality Labs loses $4.6B, cumulative $87B losses, after-hours -9%. KOSPI rebounds 4.5% after 33% July rout; Samsung chip unit reports record operating income of 89.2 trillion won vs est. 79.3 trillion; government limits retail leveraged ETF access to curb volatility. Taiwan detains an NVDA employee over alleged illegal smuggling of AI chips into China, raising geopolitical risk for semiconductor supply chains.
Tech Earnings: Microsoft vs Meta
Microsoft beats with $90B revenue, Azure +43%, $100B annual Azure revenue, after-hours +7%; Meta misses with $60.8B revenue, Reality Labs loses $4.6B, cumulative $87B losses, after-hours -9%.
KOSPI rebounds 4.5% after 33% July rout; Samsung chip unit reports record operating income of 89.2 trillion won vs est. 79.3 trillion; government limits retail leveraged ETF access to curb volatility.
Taiwan detains an NVDA employee over alleged illegal smuggling of AI chips into China, raising geopolitical risk for semiconductor supply chains.