Tech Hit in Late Hours as Meta Fails to Inspire: Markets Wrap
- Meta sales narrowly beat on AI boosting advertising revenue
- Microsoft cloud fuels stronger than expected revenue growth
This article is for subscribers only.
A rout in chipmakers dragged down stocks, with traders also sifting through corporate results and economic data. In late hours, Meta Platforms Inc. slid while Microsoft Corp. climbed after earnings.
Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen.