Talk about a tale of two companies. Today’s June-quarter earnings reports from Meta Platforms and Microsoft showed very different approaches to cost control, a discipline that may never be more important for big tech companies. Meta, whose CEO Mark Zuckerberg seems to have a you-only-live-once ...

Meta stock is limping into the Facebook parent company's Q2 earnings report. Wall Street will be focused on Zuckerberg's AI plan.

Microsoft and Meta face Wall Street pressure over AI capex as combined hyperscaler spending nears $700B in 2026, with Moody's warning of credit