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Podcast: Bloomberg Daybreak: US Edition
Episode: Instant Reaction Earnings Roundup: Microsoft, Meta & Tesla Deliver Results
Description: Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec break down earnings from Tesla, Microsoft and Meta as heard live on Bloomberg Radio and on YouTube.Microsoft's spending surged to a record high and cloud sales growth slowed, sending the shares down amid investor concerns that it could take longer than expected for the company’s AI investments to pay off. Microsoft shares fell about 5% in extended trading after closing at $481.63 in New York.Meta Platforms topped projections for quarterly revenue and gave a strong forecast for the current period, boosted by a robust online ad...