TNB Tech Minute: Meta, Microsoft Post Strong Revenue Growth

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 30 April 2025

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Microsoft and Meta unveil quarterly results that beat Wall Street expectations. Plus, Chinese e-commerce giant Alibaba takes the wraps off a super-fast delivery option. Victoria Craig hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Adobe Express is the quick and easy Create Anything app.
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0:11.0	From Instagram and TikTok posts to logos and flyers, all in just a few clicks.
0:17.0	Build your brand with Adobe Express.
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0:24.0	Adobe Express, the quick and easy create anything app.
0:31.2	Here's your TNB Tech Minute for Wednesday, April 30th.
0:34.8	I'm Victoria Craig for the Wall Street Journal.
0:37.1	After the closing bell on
0:38.2	Wall Street, Microsoft said it registered 13% revenue growth last quarter, with all of its
0:43.6	main business units beating expectations. Profit, meanwhile, rose nearly 18% from a year earlier. The
0:49.8	results sent shares solidly higher in after-hours trading. CEO Satya Nadella said Microsoft's results
0:55.6	were boosted by continued demand for AI and cloud computing. Check out tomorrow's Tech News
1:01.0	Briefing podcast where we'll take a deeper look at Microsoft's push to grow its cloud business
1:06.0	in Europe and the geopolitical tensions that could threaten it. Also on the earnings front, META notched a 16% jump in sales last quarter beating Wall Street
1:15.0	forecasts. It said it expects revenue growth would remain steady in the current quarter,
1:19.9	quashing worries that the Trump administration's latest tariffs will dent the company's global ad
1:24.8	business. Meta relies on that advertising revenue to fund a plan for
1:28.6	up to $65 billion in AI ambitions as it tries to take on giants in the space like OpenAI's
1:35.5	ChatGPT. Earlier today, Meta rolled out a standalone app for its MetaI chatbot, which it hopes will
1:42.3	clock 1 billion users by the end of the year.
1:45.6	And finally, Chinese e-commerce giant Alibaba rolled out a rapid delivery option to its shopping
	...

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