Meta and Microsoft lead midday stock swings on earnings surprises

EarningsCorporate Action Impact 4
โดย CNBC·Read original
Summary · why it matters

Meta Platforms tumbled more than 9% after posting quarterly earnings per share of $6.18, missing analysts' estimates by $1.04 per share, while Microsoft jumped 15% on revenue of $90.01 billion that topped expectations. MarketAxess surged 30% after Intercontinental Exchange agreed to buy the bond trading platform for $167 per share in a deal valued at more than $5 billion. Crocs dropped more than 10% despite beating fiscal second-quarter expectations and raising its forecast, as margins came in weaker than expected. Other notable movers included Quanta Services up nearly 15% on strong results, Fair Isaac plunging more than 16% on mixed results and a delayed direct license program, and Teladoc Health sinking 29% after missing revenue estimates and lowering guidance.

Impact on stocks 23

Consumer Discretionary · 6 stocks
Crocs Inc
CROX
▼ NegativeCapitalrelevance

Margins came in weaker than expected despite beating earnings and raising forecast.

Artificial Intelligence± Mixed · 2 stocks
Microsoft Corporation
MSFT
▲ PositiveCapitalrelevance

Microsoft reported revenue of $90.01 billion that topped expectations, driving a 15% jump.

Health Care · 2 stocks
Teladoc Inc
TDOC
▼ NegativeCapitalrelevance

Teladoc Health sank 29% after missing revenue estimates and lowering guidance.

Aging Population · 2 stocks
Semiconductors · 2 stocks
Spatial Computing / AR/VR · 1 stocks
Financials · 1 stocks
Energy Transition & Power Demand · 1 stocks
Carbon Removal (DAC) · 1 stocks
Biotech & Genomic Medicine · 1 stocks
Industrials · 1 stocks
Consumer Staples · 1 stocks
Energy · 1 stocks
Communication Services · 1 stocks