Alphabet shares were sharply down in premarket trading on Thursday while Microsoft rose as investors focused on the tech giants' latest spending and free cash flow numbers in their third-quarter earnings. Alphabet was 10% lower in premarket trade while Microsoft was nearly 4% higher. If Alphabet closes more than 9.77% lower on Thursday, it would be its worst post-earnings reaction ever. The company went public in 2004. Microsoft reported $45.2 billion in capital expenditures and finance leases during the third quarter, which was 30% higher than a year ago , but below analyst projections of $50.67 billion. Free cash flow fell 27% to $18.63 billion but remained positive. Alphabet, in contrast, reported negative free cash flow of $9.
Головну думку ми показуємо публічно. Створіть безкоштовний акаунт, щоб читати повну статтю, зберігати її, обговорювати та поєднувати з ринковим і OSINT-контекстом.