US EditionMeta shares slide after company projects higher expenses for 2026
Microsoft, Meta, and Alphabet lead tech earnings with AI-driven growth; Alphabet shares up 41% this year, analysts highlight strong cloud and ad revenue gains.
- Wednesday, Wall Street is braced as Meta Platforms Inc., Microsoft and Alphabet prepare to report in the biggest megacap earnings day, with analysts watching AI and cloud cues.
- Amid rising AI importance, analysts say quarterly tech results now carry outsized market influence as eight megacap companies make up roughly 37% of the S&P 500.
- Analysts surveyed by FactSet Research were expecting $6.72 per share on revenue of $49.51 billion, setting a benchmark while recent results showed revenue rose 26% to $51.42 billion.
- After hours, Meta's shares slid following results and a warning of higher expenses next year as Meta Platforms Inc. expects employee compensation and infrastructure costs to drive faster cost growth, though analysts were less concerned.
- Market watchers say Microsoft and OpenAI’s relationship extends its monetization horizon, with Bernstein analyst Mark Shmulik highlighting Gemini’s momentum and Google Cloud Platform progress.
76 Articles
76 Articles
It’s Report Card Day for Meta, Microsoft, And Google. Is The AI Bubble Real?
The latest earnings reports from America’s top tech companies reveal that Silicon Valley is going all-in on artificial intelligence, sometimes in spite of users’ concerns.Financials from Meta, Microsoft, and Google released Wednesday show that all three companies beat experts’ earnings and revenue expectations. On earnings calls, all three companies pointed to increased AI investment, and increased spending in general. Google parent company Alph…
East Bay Times
Alphabet sales beat estimates on Google Cloud unit growth
(Bloomberg/Davey Alba and Carmen Arroyo) — Alphabet Inc. sales topped quarterly Wall Street estimates, fueled by a surge in demand for its cloud and artificial intelligence services. Shares rose as much as 7.5% in extended trading. Third-quarter sales, excluding partner payouts, rose to $87.5 billion, Alphabet said in a statement Wednesday. That topped the $85.1 billion expected on average by analysts, according to data compiled by Bloomberg. Ne…
The high demand for artificial intelligence products drives the business of Meta, Google and Microsoft. US tech companies record double-digit growth rates - and want to invest even more in AI.
Google shines as Meta and Microsoft stumble in latest earnings round
Alphabet soared on strong cloud and ad revenue, while Meta and Microsoft fell after higher spending and one-time charges; Apple and Amazon now in focus, as Big Tech’s weight steers Wall Street’s next move
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