Microsoft (MSFT) Soars, Meta (META) Sinks After Earnings—Here’s Why
Yahoo Finance·2026-07-30 22:52

Social media giant Meta Platforms, Inc. (NASDAQ:META)'s core business remained strong this quarter, with revenues climbing 28% year over year to $60.8 billion and exceeding the consensus estimate of $60.19 billion.The tech giant also forecast that Azure revenue would grow by approximately 45% in constant currency. Monetizing AI at several levels, investors could see greater visibility into the returns of Microsoft's spending.Strong contracted demand further supported the investment case, with commercial rem ...

Microsoft (MSFT) Soars, Meta (META) Sinks After Earnings—Here’s Why - Reportify