Table of Contents

• Meta

• Microsoft

Top Stories Today

Meta

Meta’s first-quarter earnings beat Wall Street estimates, driven by a 16% rise in revenue and a 35% jump in net income, sending its shares up as much as 5%. The company reported $6.43 in earnings per share on $42.31 billion in revenue, surpassing analyst forecasts. Its second-quarter sales outlook fell within expectations, though Meta noted some slowdown in advertising from Asia-based exporters. CEO Mark Zuckerberg highlighted strong performance amid economic uncertainty, and CFO Susan Li revised Meta’s expense and capital spending forecasts for the year, citing higher infrastructure costs to support AI growth. The firm also warned that new European Union rules could negatively affect its business in that region. Reality Labs posted a smaller-than-expected loss of $4.2 billion. Daily active users rose to 3.43 billion, and Meta’s AI assistant and Threads platform both showed solid growth.

Microsoft

Microsoft shares surged 9% in after-hours trading on Wednesday following a strong quarterly earnings report that surpassed analyst expectations, fueled by robust growth in its Azure cloud division. The company posted earnings of $3.46 per share on revenue of $70.07 billion, both beating estimates, and issued a bullish outlook for the upcoming quarter. Azure revenue climbed 33%, with nearly half the growth linked to AI services. Microsoft also announced increased capital spending for data center expansion to support AI demand, while CEO Satya Nadella said demand for AI capacity is rising faster than anticipated. Despite ongoing tariff concerns, the company’s guidance offered reassurance to investors.

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