Mixed share reaction to megacap earnings burst, Meta droops
Update: 2025-10-30
Description
Tech Giants' Q3 Earnings: AI Investments Soar, Profits Uncertain - Alphabet, Microsoft, and Meta reported their third quarter earnings, highlighting the significant role of AI in shaping their futures. Alphabet's shares surged after beating revenue forecasts, while Microsoft's shares dropped despite smashing estimates. Meta's shares plummeted due to a massive one-time charge and higher capital expenditure. All three companies are investing heavily in AI and cloud services, with Alphabet and Microsoft reaping early rewards. However, investors are anxious about translating these investments into steady profits, as the market's reaction to earnings was mixed. The big question remains: can these massive spending sprees lead to long-term growth and sustainable profits?
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