Microsoft Drops, Meta Platforms Rises, Lockheed Martin Soars After Profit Forecast
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On this episode of Stock Movers:
- Microsoft (MSFT) shares drop after the software giant’s report featured an underwhelming read on growth in its Azure cloud-computing business. Analysts also noted higher-than-expected expenses.
- Meta Platforms (META) shares rise after the company reported a better-than-expected sales outlook that helped ease Wall Street concerns about plans for unprecedented spending on artificial intelligence this year.
- Lockheed Martin (LMT) shares soared after the maker of missiles and F-35 fighter jets forecasted 2026 earnings above analyst expectations. The company also announced a framework agreement with the Defense Department to quadruple its output of THAAD missile interceptors.
See omnystudio.com/listener for privacy information.