Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits

Microsoft posted fourth-quarter fiscal results that exceeded analyst expectations, driving a significant rally in its stock price on Thursday. The company reported revenue that beat forecasts and achieved 43% growth in its Azure cloud division, which also outperformed market projections. The software giant noted that its Microsoft 365 Copilot AI assistant had accumulated over 30 million paid seats, representing an increase from more than 20 million in April. Industry analysts highlighted that M