Meta Rises, Microsoft Gains, Qualcomm Drops After Mixed Outlook
On this episode of Stock Movers:
- Meta (Meta) shares rose after a massive earnings beat. Meta also lifted the low end of its forecast for 2025 capital expenditures, while also providing early steer on 2026 spending.
- Microsoft (MSFT) shares gain after the closely watched Azure division posted a 39% rise in sales, above estimates. Capex during the recently completed quarter of $24.2 billion was a record.
- Qualcomm (QCOM) shares drop as the company is under pressure after giving a mixed outlook for phone and automation markets. This reignited concerns that tariffs will take a toll on the industry.
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