Investors Dump Microsoft Shares After Earnings Report; Meta Pays Texas $1.4 Billion | Business Matters Full Broadcast (July 30)

Don Ma
By Don Ma
July 30, 2024Business Matters
share
Live Chat

Microsoft shares are down by more than 6 percent in after-hours trading. Revenue from Microsoft’s flagship cloud product Azure disappointed. We talk to RP Capital Solutions CIO Vijay Marolia.

Facebook parent company Meta’s shares are down over half a percent Tuesday. It will pay a $1.4 billion settlement to Texas over claims the company used biometric data of users without permission. The Texas lawsuit alleged that Meta was in violation of a state law.