Meta's AI Spend & Microsoft's Win (+5 more stories)

The Daily Business and Finance Show - Wednesday, 29 July 2026 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Meta in charts: R&D expenses top $21B in Q2 as AI investment accelerates Microsoft Non-GAAP EPS of $4.74 beats by $0.50, revenue of $90B beats by $2.37B Nasdaq reversal a bear trap? History says yes Microsoft pops as Q4 results top estimates; Azure tops $100B in revenue Meta Platforms raises lower end of capex range, sees increased legal expenses in FY26 Snowflake advances 5%, sets new high 3 things to look out for on Thursday Vertiv outlines raised 2026 outlook with $14B net sales, $6.70 adjusted EPS and $2.5B free cash flow Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices