Microsoft Up, Meta Down; Arm Decline; Starbucks and Chipotle Guidance
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Microsoft (MSFT) shares are higher after it reported strong fiscal fourth-quarter results on Wednesday afternoon. Its shares were initially up as much 4% in after-hours trading. The closely-watched sales growth rate in the company's Azure cloud unit was 43% versus expectations of 40%. - Meta (META) shares are falling after the Facebook parent gave a revenue outlook that is seen as disappointing. It also raised the low end of its full-year forecasts for both capital expenditures and total expenses…
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