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Meta Mixed, Microsoft Drops, Seagate Rises on Strong Results
Published 2 months, 3 weeks ago
Description
On this episode of Stock Movers:
- Meta (META) shares are mixed. Meta lead Magnificent 7 stocks higher in premarket trading ahead of its quarterly earnings update due after the close Wednesday.
- Microsoft (MSFT) shares fall. The UK’s consumer and antitrust watchdog is investigating whether Microsoft Corp. misled customers into paying more for its productivity tools software subscriptions after adding its Copilot AI product to the suite.
- Seagate (STX) shares gain. The computer hardware and storage company reported fourth-quarter results that beat expectations and gave a revenue forecast that is ahead of the consensus estimate.
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