Microsoft and Meta Platforms beat earnings expectations thanks to growth in AI and ad business.

From Nasdaq: 2025-01-31 04:48:00

Zacks Investment Ideas highlights Microsoft and Meta Platforms as DeepSeek news causes investor concern in the AI trade. Microsoft’s earnings exceeded expectations with adjusted EPS of $3.23 and sales of $69.6 billion, driven by growth in Intelligent Cloud revenue. Meta Platforms also beat consensus estimates with adjusted EPS of $8.02 and sales of $48.4 billion, driven by strong ad business performance. Both companies maintained CapEx outlooks and acknowledged DeepSeek’s innovations, providing some clarity amidst market uncertainty.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: Microsoft and Meta Platforms