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Podcast: Squawk Box Europe Express
Episode: Microsoft shares down amid capex and cloud growth concerns
Description: Microsoft enjoys an A.I. boom but there are concerns over capex and a slowing cloud division which pulls the share price lower in extended trade. Meta posts a top and bottom line beat but shares also fall in after-hours trade as investors remain anxious over greater A.I. infrastructure expenditure at the social media giant. BNP Paribas notches a near-six per cent quarterly rise in net income and confirms its forecast. CFO Lars Machenil tells CNBC he remains bullish about the trend. Thereβs a surprise expansion in Chinese manufacturing activity in October as recent stimulus measures help to...