Meta and Microsoft earnings diverge sharply after hours
Meta shares sank 10% in extended trading while Microsoft rallied following their quarterly reports, highlighting a stark contrast in investor reaction.
METAMSFT
The two tech giants delivered opposing post-earnings moves. Meta's stock tumbled roughly 10% after the close, signaling disappointment with the social-media company's outlook.
Meanwhile, Microsoft gained ground, with traders bidding up shares following its results. The precise magnitude of the advance was not immediately available in the initial report.
The split underscores divergent sentiment around big-tech names as earnings season progresses.
Source: FXStreet Forex News