30 Oct 2025 | 5 Mins Read
Tech giants show mixed earnings after Q3 AI spending reports
Flipitmoney
Meta's stock plunged 7.4% to $696.30, and Microsoft slipped 4% to $519 after their third-quarter results. Alphabet's stock surged 7.5% as the Google parent's AI push yielded strongest growth in over a year. Meta took a $16 billion tax charge, and analysts flagged concerns for Microsoft's lower AI spending. Alphabet's AI investments paid off with robust cloud revenue and profits.