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Meta and Microsoft Q2 earnings: markets punish one, reward the otherThe after-hours verdict was split. $META fell about 8% after EPS of $6.18 missed the $7.14 consensus, while (@Microsoft) $MSFT rose roughly 3% on a clean beat, $4.81 against $4.24 expected on $90B revenue.@Meta's revenue was fine at $60.8B, up 28%. The miss came from a $2.4B legal charge and $1.2B in severance, but the number doing the damage is capex: $31.1B in the quarter crushed free cash flow to $784M, with full-year spending guided at ...