Meta tanks 9%, continuing record losing streak, while Microsoft jumps 14% as AI trade splits
Investors punished Meta after it raised AI spending plans, while Microsoft gained as Copilot passed 30 million paid users, analysts said.
- On Thursday, Meta Platforms Inc. shares fell 9%, marking the worst single-day loss this year, while Microsoft surged 15% following strong quarterly earnings and Copilot adoption.
- Meta reported quarterly earnings of $6.18 per share, missing consensus estimates of $7.18, while raising its annual spending forecast to $137.5 billion amid aggressive AI infrastructure buildout.
- Wedbush Securities trimmed its price target to $595 from $671, while Scotiabank analyst Nat Schindler cut his target to $600 from $700, warning investors to prioritize free cash flow durability.
- Microsoft revenue reached $90 billion, topping estimates of $87.6 billion, as Microsoft 365 Copilot surpassed 30 million paid users, signaling successful data center monetization.
- Shares of Meta have dropped nearly 18% this year, reversing gains from a five-session stretch ending July 10 that had boosted the stock more than 14%.
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Microsoft Jumps 15% as AI Outlook Drives Broad Wall Street Rally
The S&P 500 rose 1.7% and the Nasdaq gained 2.76% after Microsoft’s stronger-than-expected forecast and capital-spending update eased concerns about the cost of artificial intelligence ... The post Microsoft Jumps 15% as AI Outlook Drives Broad Wall Street Rally first appeared on [your]NEWS.
The two technologies had a mixed performance in a day where Wall Street recorded profits.
Microsoft Surges, Meta Slides | Open Interest 7/30/2026
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Microsoft powers higher after a blockbuster quarter while Meta stumbles as investors demand proof its AI spending will pay off. Apple and Amazon are up next as markets brace for two more tech giants. We'll hear from Kevin Hassett on the Fed and inflation, Starbucks CEO Brian Niccol on the consumer comeback, plus exclusive insights from Microsoft, Meta, and Kend…
Microsoft did not signal any further expansion of AI issues. This is good on the stock market. Meta, on the other hand, shows the flip side of the AI boom.
Wall Street rewards Microsoft's Azure, questions Meta Platforms' AI spending The post How AI affects 2 giants differently – Microsoft wins, Meta loses appeared first on in.gr.
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