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Microsoft shares rise 8% on strong Azure growth; Meta shares fall 8.5% after revenue miss and cash flow drop

Market News
30 Jul 2026
CNBC
View Source
Neutral
Microsoft shares rise 8% on strong Azure growth; Meta shares fall 8.5% after revenue miss and cash flow drop

Microsoft's shares jumped 8% in premarket trading after reporting better-than-expected fiscal Q4 revenue and 43% growth in its Azure cloud business, signaling that its AI investments, including Microsoft 365 Copilot, are paying off. The company now has over 30 million paid seats for Copilot, showing strong adoption. Meanwhile, Meta's shares fell 8.5% after missing revenue guidance and reporting a 91% plunge in free cash flow due to heavy AI spending. Meta's CEO Mark Zuckerberg mentioned potential new revenue from leasing excess computing capacity but provided few details, leaving investors cautious about Meta's near-term outlook.

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