The flood of reports

Meta's earnings miss – shares fall in after-hours trading

Meta Platforms, the parent company of social network Facebook, reports adjusted earnings per share of $6.18 for the second quarter of 2026, writes Nyhetsbyrån Direkt.

Analysts expected earnings of $7.40 per share, according to an average forecast from S&P Global Market Intelligence.

Revenue was $60.8 billion. Revenue was expected to be $60.3 billion.

For the third quarter, Meta expects revenues of between $61 and $64 billion. The midpoint of the range of $62.5 billion thus misses analysts' expectations of $63.15 billion.

Meta Platforms raises the bottom of the forecast range for annual investments. The company now expects investments in 2026 to be between $130 billion and $145 billion, compared to the previous forecast of $125 billion to $145 billion.

The stock is down nearly 5 percent in after-hours trading on Wall Street.

Microsoft beats expectations

Microsoft reports adjusted earnings per share of $4.74 for the fourth quarter of the broken fiscal year, writes Nyhetsbyrån Direkt.

Analysts' expectations were earnings of $4.24 per share, according to an average forecast from S&P Global Market Intelligence.

Revenue was $90 billion. Revenue of $87.6 billion was expected.

The stock is up just over 1 percent in after-hours trading.