Meta shares tumble 10% as AI spending drains free cash flow
Meta shares fell 10% on Wednesday after second-quarter costs jumped 55% and free cash flow dropped 91%, leaving investors to...
Microsoft (MSFT) Stock News
Latest Microsoft stock news — Azure cloud growth, AI product launches, quarterly earnings and MSFT price analysis.
MIC
MICROSOFT / USD
live price
Wall Street indexes post worst ‘Fed Day’ since December 2024 as three Fed officials vote to hike
Wall Street's major indexes turned in their worst "Fed Day" performance since December 2024 after the Federal Reserve held interest...
Microsoft beats Q4 revenue estimates as Azure tops $100 billion for the fiscal year
Microsoft's fiscal fourth-quarter revenue reached $90.01 billion, ahead of the $87.62 billion analysts expected, and the company said Azure revenue...
Nasdaq Composite falls 1.3% as oil jumps more than 6% and chip stocks sell off
The Nasdaq Composite fell 1.3% in midday trading Wednesday as renewed Middle East tension pushed oil prices up more than...
Fed expected to hold rates at 3.50%–3.75% as Microsoft and Meta earnings land after the close
The Federal Reserve is expected to leave interest rates unchanged at 3.50%–3.75%, putting Chair Kevin Warsh's press conference at the...
