USSTOCK.TODAY
Pre-Market
Log in Sign up

Big Tech Earnings: Investor Reaction Based on Capital Expenditure Scale

BeInCrypto +1 · ·by G4L

MSFT Microsoft Corp
$545.18 +2.75%
View chart & analysis →
  1. 1Meta's revenue rose 26%, exceeding estimates.
  2. 2Meta's third-quarter capital expenditure (capex) of $34.9 billion exceeded operating cash flow.
  3. 3Approximately 15% of the Nasdaq 100, including Microsoft, Alphabet, Amazon, and Intel, faces earnings tests.

So what's the key point?

Meta's revenue grew more than expected. However, because its spending was larger than the cash it brought in, the earnings of other companies have also become important.

Source BeInCrypto +1 · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →