Meta (META) Soars 9% on Strong Revenue Growth While Microsoft (MSFT) Slumps Amid Azure Cloud Miss
Meta's shares surged 9% due to strong revenue growth guidance, while Microsoft's complex business and Azure's weaker growth led to a 12% drop.
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Meta's shares surged 9% due to strong revenue growth guidance, while Microsoft's complex business and Azure's weaker growth led to a 12% drop.
Oracle's rise in spending forecast and comments on chip sourcing pressured Nvidia, causing a 2% drop amid mixed tech market moves, while major indexes like the DJIA reached new highs.
Amazon's AWS experienced a widespread outage disrupting thousands of websites and apps globally. Recovery is underway after around three hours. The outage exposed risks of heavy reliance on a single …