Morning:
Robinhood, Meta and Microsoft Report Q2 2025 Earnings
On Wednesday, Tech giants Robinhood, Meta, and Microsoft announced second-quarter 2025 earnings, with all three companies exceeding analyst forecasts. Their stock prices reacted rapidly after the earnings were Phase Two trading.
Robinhood’s closing price surged by 2.69% to $103.32 before rising to $103.98 after hours. Meta’s share price surged by over 10% to close at $58.30, while Microsoft’s price rose by 8% to $74.00. All three companies hit market caps over $41 trillion in their respective quarters, including Meta reaching $648 billion by year-end.
Robinhood reported a 26.9% increase in assets, 2.3 million new users, and 177 billion equity volumes over the quarter. Its net deposits of $13.8 billion were a fourfold increase compared to the previous year. Meta’s advertising revenue reached $46.56 billion, surpassing the Wall Street consensus of $43.97 billion. CEO Mark Zuckerberg highlighted the AI-driven efficiency boost for the platform during the earnings call, emphasizing the push toward smart advertising.
Microsoft’s Azure cloud revenue surged 34% to $75 billion, a new low for the year. The company is adding $64 billion to its upcoming CAPEx, driven by its focus on enhancing AI-driven precision. John Oliver co-founded the company, which has seen significant growth in both cloud and data services.
After-Hours:
Starting to translate into a condensed summary, grab it here and continue.
