India  

Microsoft and Meta stocks slip as investors demand more

City A.M. Thursday, 31 October 2024 ()
Microsoft and Meta stocks slip as investors demand moreMicrosoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£50.5bn) against a forecasted $64.5bn (£49.7bn), fuelled by its cloud services which grew by 33 per cent. Earnings per share (EPS) came in at $3.30 (£2.54), easily beating [...]
0
shares
ShareTweetSavePostSend
 

You Might Like