WS #13067
Microsoft (MSFT) surged 15% on strong Azure growth and reaffirmed capex, while Meta (META) fell 9% on weak profit and light revenue forecast, highlighting divergent AI spending outcomes.
Tech earnings divergence: MSFT surges, META plunges
Microsoft (MSFT) surged 15% on strong Azure growth and reaffirmed capex, while Meta (META) fell 9% on weak profit and light revenue forecast, highlighting divergent AI spending outcomes.