Meta Falls 3% as Higher AI Spending Outlook Overshadows Earnings Beat; Alphabet Dips, Microsoft Holds Steady
Published . Updated .
Covered by 2 outlets: Yahoo Finance, 24/7 Wall St..
Who covered it: Center 1 · Not rated 1. How we rate outlets
Heavier artificial intelligence (AI) spending plans are overshadowing a strong quarter at Meta Platforms (NASDAQ:META), where revenue and guidance both topped expectations. Meta Platforms stock is at $677.20, down 3% in morning trading. Meanwhile, Alphabet (NASDAQ:GOOGL) stock
Directly affected
- GOOG Alphabet-4.3%
Named in this report.
- MSFT Microsoft+5.4%
Named in this report.
- META Meta Platforms+4.9%
Named in this report.
- NDAQ Nasdaq+5.0%
Named in this report.
Indirectly affected
- SPY SPDR S&P 500+1.6%
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond-1.8%
Long-term U.S. government bonds
- QQQ Invesco QQQ+2.3%
Large technology stocks
- GLD SPDR Gold Shares-3.3%
Gold can move with the broad market
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GOOG | +4.19% | +2.69% | base | -3.08% | after close | after close | after close |
| MSFT | +1.23% | +0.16% | base | -2.10% | after close | after close | after close |
| META | +5.45% | +0.92% | base | -7.13% | after close | after close | after close |
| NDAQ | -2.82% | -3.11% | base | +7.39% | after close | after close | after close |
| SPY | -0.18% | -0.84% | base | -1.18% | after close | after close | after close |
| TLT | -0.31% | -0.97% | base | +1.86% | after close | after close | after close |
| QQQ | +0.41% | -0.96% | base | -2.85% | after close | after close | after close |
| GLD | +0.98% | +0.18% | base | -2.61% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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Meta Falls 3% as Higher AI Spending Outlook Overshadows Earnings Beat; Alphabet Dips, Microsoft Holds Steady Yahoo Finance
Source: Yahoo Finance
Taiwan Strait
| Company | When | Move | Status |
|---|---|---|---|
| GLD | that day | -2.61% | final price |
| GLD | three days earlier | +0.18% | final price |
| GLD | five days earlier | +0.98% | final price |
| GOOG | that day | -3.08% | final price |
| GOOG | three days earlier | +2.69% | final price |
| GOOG | five days earlier | +4.19% | final price |
| META | that day | -7.13% | final price |
| META | three days earlier | +0.92% | final price |
| META | five days earlier | +5.45% | final price |
| MSFT | that day | -2.10% | final price |
| MSFT | three days earlier | +0.16% | final price |
| MSFT | five days earlier | +1.23% | final price |
| NDAQ | that day | +7.39% | final price |
| NDAQ | three days earlier | -3.11% | final price |
| NDAQ | five days earlier | -2.82% | final price |
| QQQ | that day | -2.85% | final price |
| QQQ | three days earlier | -0.96% | final price |
| QQQ | five days earlier | +0.41% | final price |
| SPY | that day | -1.18% | final price |
| SPY | three days earlier | -0.84% | final price |
| SPY | five days earlier | -0.18% | final price |
| TLT | that day | +1.86% | final price |
| TLT | three days earlier | -0.97% | final price |
| TLT | five days earlier | -0.31% | final price |
Congressional trades in the stocks in this story
- Rep. Michael Rulli sold Alphabet (GOOG), worth $50,001 - $100,000 on 16 Oct 2026. That is 6 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Cleo Fields bought Alphabet (GOOG), worth $1,001 - $15,000 on 14 Sep 2026. That is 38 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Scott Scott Franklin sold Alphabet (GOOG) (held by a spouse), worth $1,001 - $15,000 on 20 Aug 2026. That is 63 days before publication. Filed 17 Sep 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 22 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 24 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Meta Platforms (META), worth $1,001 - $15,000 on 24 Sep 2026. That is 28 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Meta Platforms (META) (held by a dependent child), worth $1,001 - $15,000 on 23 Sep 2026. That is 29 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Meta Platforms (META), worth $1,001 - $15,000 on 22 Sep 2026. That is 30 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. April McClain Delaney sold Nasdaq (NDAQ) (held by a dependent child), worth $100,001 - $250,000 on 25 Aug 2026. That is 58 days before publication. Filed 9 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
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25 out of 100
“Meta Falls 3% as Higher AI Spending Outlook Overshadows Earnings Beat; Alphabet Dips, Microsoft Holds Steady” scores 25 out of 100. The score uses 2 sources.