A view shows the Microsoft logo on the day of the Hannover Messe, one of the world’s largest industrial trade fairs, in Hanover, Germany, March 31, 2025. REUTERS
LONDON, July 31 (Reuters) – Shares in artificial intelligence heavyweights Microsoft and Meta Platform both surged in European trading on Thursday, after blowout quarterly results after-market on Wednesday.
Meta shares surged 12.2% in Frankfurt after it forecast quarterly revenue well ahead of Wall Street expectations.
Microsoft shares jumped 9%, as surging Azure cloud computing revenue above analysts’ expectations, showcasing the growing return on its AI bets.
Reporting by Samuel Indyk; Editing by Amanda Cooper
