Instant Reaction: Microsoft & Meta Soar After Strong Earnings

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.8 • 1.2K Ratings

🗓️ 30 July 2025

⏱️ 22 minutes

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Summary

Microsoft reported better-than-expected growth in its cloud business and said spending on AI infrastructure hit a record. The closely watched Azure cloud-computing unit posted a 39% rise in sales during Microsoft’s fiscal fourth quarter, the company said in a statement on Wednesday. Analysts projected 34% revenue growth. The shares rose about 7% in extended trading after closing at $513.24 in New York. The company’s stock was up about 22% this year through the Wednesday close.

Meta also reported results that sent shares higher after the close. Meta topped projections for second-quarter sales and gave a stronger-than-expected forecast for the current period, a sign that the social media company’s advertising business is still growing quickly enough to support aggressive spending on artificial intelligence. Shares jumped as much as 10% in late trading. Third-quarter sales will be $47.5 billion to $50.5 billion, Meta said in a statement Wednesday, with the midpoint of that range exceeding the average analyst estimate of $46.2 billion, according to data compiled by Bloomberg. The social media giant, which owns Instagram and Facebook, reported second-quarter revenue of $47.5 billion. Meta stock was up 18.7% so far this year before Wednesday’s report.

For instant reaction and analysis to earnings for both big tech companies, hosts Carol Massar and Tim Stenovec speak with:

Dan Ives, Global Head of Technology Research at Wedbush Securities
Bloomberg Intelligence Senior Technology Analyst Anurag Rana
Greg Halter, Director of Research at Carnegie Investment Counsel

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1:02.0	Bloomberg Audio Studios.
1:04.8	Podcasts, Radio, news.
1:08.6	This is a breaking news update from Bloomberg.
1:12.9	Instant reaction and analysis from our 3,000 journalists and analysts around the world.
1:18.9	We've got meta platforms, Microsoft, both out with earnings.
1:21.5	Those are the big ones.
1:22.2	There's a lot that are out there, but we want to get to.
1:25.3	We've got great team coverage here at Bloomberg and also some great outside voices. So let's get to it with Dan Ives. He's managing director and senior equity analyst and global head of technology research at Wed Bush. Security is we're going to start with meta. Let's talk about it. The stock's up about eight and a half percent here in the aftermarket. What do you like and what don't you like? Do you not like anything?
1:44.9	There's nothing not to like. Look, it speaks to, you go through this AI revolution.
1:52.7	It's in this next stage of growth. And all the money that you're seeing these big tech players,
1:58.2	tapbacks, now you're ultimately starting to see some of those dividends
2:03.1	get paid. And then you think about the advertising growth, similar what we saw with Alphabet,
2:07.5	what you see with meta, subscriber growth. I mean, this, it's Goldilocks, you know, for tech.
	...

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