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Meta, Microsoft Spike On Robust Earnings Reports—As Microsoft Reclaims Crown As World’s Largest Company

  • Microsoft and Meta Platforms posted stronger-than-expected first-quarter earnings on April 30, 2025, which lifted U.S. Stocks including the S&P 500 and Dow Jones Industrial Average in New York trading.
  • The earnings gains followed recent reports of weaker U.S. Economic data and rising tariff-related uncertainty that had pressured markets earlier in April.
  • Microsoft’s revenue rose 13% year-over-year, driven by a 33% surge in Azure cloud revenue fueled by artificial intelligence, while Meta’s revenue grew 27% with an 89% profit increase supported by AI-enhanced advertising.
  • Microsoft’s stock gained 10.2% and Meta shares climbed over 6%, contributing to an S&P 500 advance of 0.8%, which marked the index’s eighth consecutive gain and brought it within 9% of its 2025 record high.
  • These earnings results helped offset concerns about the economy’s recent contraction, but traders and CEOs remain cautious amid unresolved trade tensions and potential risks of stagflation.
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www.dn.no broke the news in on Wednesday, April 30, 2025.
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