Meta reports free cash flow of $784M in Q2, down 91% YoY, and now expects 2026 capex to be $130B-$145B, compared with its prior forecast of $125B-$145B — Meta Platforms (META.O) reported a precipitous 91% drop in free cash flow on Wednesday, underscoring the financial strain …
Posted from: this blog via Microsoft Power Automate.
Qualcomm reports Q3 revenue down 4% YoY to $9.95B, vs. $9.67B est., forecasts Q4 profit below est., expects revenue from Apple products to decline more quickly — Qualcomm (QCOM.O) forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple (AAPL.O) …
Posted from: this blog via Microsoft Power Automate.
Meta reports $2.4B in charges related to legal proceedings in Q2 and $1.18B in severance expenses in connection with the May 2026 layoff of about 8,000 staff — The company, the parent of Facebook and Instagram, said it took “$2.4 billion charges related to legal proceedings” in Q2.
Posted from: this blog via Microsoft Power Automate.
Microsoft reports Q4 Azure and other cloud services revenue up 43% YoY, vs. 40% est., and says Azure revenue in FY 2026 exceeded $100B for the first time — Microsoft shares rose in extended trading on Wednesday after the software maker disclosed strong fiscal fourth-quarter revenue.
Posted from: this blog via Microsoft Power Automate.
Waymo gradually resumes freeway routes, starting with Phoenix, more than two months after suspending them to improve performance around construction zones — Waymo is slowly adding freeway routes back to its service area more than two months after the company stopped driving these high-speed roads …
Posted from: this blog via Microsoft Power Automate.