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Tech earnings live: Alphabet rallies on record revenue while Meta sinks

Financial Times•Wednesday, October 29, 2025 at 8:26:41 PM
NegativeFinancial Markets
Tech earnings live: Alphabet rallies on record revenue while Meta sinks
In the latest tech earnings report, Alphabet has seen a surge in its stock price due to record revenue, showcasing its strong performance in the market. However, Meta, the parent company of Facebook, is facing challenges as its shares plummet following increased spending on AI initiatives. Additionally, Microsoft is experiencing disappointing growth in its cloud services, raising concerns about its future prospects. This news is significant as it highlights the contrasting fortunes of major tech players and the impact of strategic investments in emerging technologies.
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