Microsoft surges 8% on AI-driven earnings beat while Meta drops 7% on spending concerns

Earnings Impact 4
โดย Seeking Alpha·Read original
Summary · why it matters

Microsoft shares surged 8% after the company delivered a strong fiscal fourth-quarter beat fueled by accelerating AI and cloud demand, while Meta Platforms fell 7% as surging expenses and a higher capital-expenditure outlook overshadowed solid growth. Microsoft reported revenue up 18% to $90 billion and adjusted earnings per share of $4.74, with Azure revenue growing 43% and Intelligent Cloud sales exceeding expectations; Azure surpassed $100 billion in annual revenue for the first time and Microsoft 365 Copilot reached more than 30 million paid seats. Meta’s second-quarter earnings per share missed estimates as operating expenses surged 55% on higher AI investment, legal costs, and restructuring charges, and the company raised the lower end of its fiscal 2026 expense outlook and increased capex guidance to $130 billion to $145 billion. Among other movers, Chipotle Mexican Grill gained 6% on stronger-than-expected comparable sales and an improved full-year outlook, Starbucks jumped 5% after its fourth consecutive quarter of positive comparable sales and upbeat guidance, Teladoc Health plunged 17% on a revenue miss and weak guidance, and Qualcomm fell 5% as its fourth-quarter adjusted earnings-per-share guidance came in below expectations.

Impact on stocks 6

Artificial Intelligence± Mixed · 3 stocks
Consumer Discretionary▲ · 2 stocks
Health Care▼ · 1 stocks

Theme Impact 4

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