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

Published: 7/30/2024, 4:19:54 PM EDT
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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.