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Microsoft surges 8% as Meta tumbles 10% after sharply contrasting AI earnings


Microsoft surges 8% as Meta tumbles 10% after sharply contrasting AI earnings

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Microsoft beat expectations in the fiscal fourth quarter ended June 30, 2026, reporting adjusted EPS $4.74 versus LSEG $4.24 and revenue $90.01 billion versus $87.62 billion, lifting MSFT about 8% after the close. Meta missed with EPS $6.18 and shares fell about 10%, creating a mixed tech earnings backdrop that may dampen risk appetite and flows into crypto, DeFi, CEX and DEX activity.

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Microsoft (NASDAQ: MSFT) climbed 8% after Wednesday’s closing bell, while Meta Platforms (NASDAQ: META) sank 10%. Microsoft reported adjusted earnings of $4.74 per share in the fiscal fourth quarter ended June 30, 2026, exceeding LSEG’s $4.24 expectation. Sales totaled $90.01 billion, exceeding the $87.62 billion projection. Meanwhile, Meta earned $6.18 per share, less than the...
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