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Meta (META) Soars on Upbeat Revenue and Capex, Tesla (TSLA) Rises as Microsoft (MSFT) Tumbles on AI Cloud Miss

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Meta soared nearly 9% after raising revenue and capex forecasts.
  • Tesla rose 2.4% on plans to double capital expenditure.
  • Microsoft dropped 7.5% as cloud revenue disappointed, raising concerns over AI investment payoffs.
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MSFT price history

495.63 +5.23% over the displayed period

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