00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Alphabet shares rose 6.2% in after-hours trading after beating third-quarter revenue estimates,
00:07while their AI-focused tech giant saw mixed results according to Reuters.
00:11Microsoft shares fell 3.4% despite surpassing revenue estimates,
00:14as strong cloud growth showed continued corporate spending on AI services amid bubble concerns.
00:20Meta shares fell over 8% after reporting a nearly $16 billion one-time charge
00:24tied to Trump's Big Beautiful Bill, forecasting higher 2026 capital spending.
00:28If you buy the Trio's capital spending, jump 22% sequentially and 88% year-over-year,
00:34signaling no slowdown in the AI investment boom.
00:36For all things money, visit Benzinga.com.
Comments