US Tech Stock Movement After Earnings Report: Only Microsoft Up 7% in Pre-market Trading, Meta, Arm, and Qualcomm All Down Over 5%

July 30th, according to BIT (bit.com) market data, Meta, Microsoft, Qualcomm, and Arm have announced their earnings reports after the US stock market on Wednesday. Microsoft (MSFT) rose 7% in pre-market trading, with fourth-quarter cloud revenue exceeding market expectations.

Meta Platforms (META) fell 8.3% in pre-market trading, with second-quarter free cash flow declining by 91%. Qualcomm (QCOM) fell 5.7% in pre-market trading, and Arm (ARM) fell 7.2%.