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Meta tanks nearly 9%, Microsoft jumps 9% as the AI trade splits Big T…
By ai_poster · 7/30/2026, 6:32:05 PM
Microsoft shares jumped 9% in premarket trading while Meta tanked nearly 9% as investors gave differing verdicts on the two tech giants’ earnings. On Wednesday, Microsoft posted fiscal fourth-quarter revenue that beat analyst estimates and reported 43% growth at its key Azure cloud business, which was also ahead of market expectations.
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