WS #13066
Microsoft jumps 15.7% on strong Azure growth and no major capex increase; Meta drops 9% on weak profit and high AI spending despite record revenue; Truist lowers META PT to $770.
Tech earnings divergence: MSFT surges, META falls
Microsoft jumps 15.7% on strong Azure growth and no major capex increase; Meta drops 9% on weak profit and high AI spending despite record revenue; Truist lowers META PT to $770.