EL7.AI
StocksMedium•30 July 2026•
1 min read

US Tech Mixed as Microsoft Gains Offset Meta Slump Amid Stabilizing Bond Yields

Key Facts

1Nasdaq futures rose 1.3% led by a 9% jump in Microsoft shares following the fastest cloud unit growth in four years.
2Meta Platforms shares slumped 8% pre-market after disappointing revenue guidance and an increase in capital expenditure projections.
3Long-term bond yields stabilized after 30-year yields hit two-decade highs at 5.22%.

Reflecting a divergence in big-tech performance amid capital expenditure pressures, Nasdaq futures rose 1.3% led by a 9% jump in Microsoft shares following its fastest cloud unit growth in four years. Conversely, Meta Platforms shares slumped 8% pre-market after the company issued disappointing revenue guidance and projected increased capital spending. Meanwhile, long-term bond yields stabilized after 30-year yields reached two-decade highs of 5.22%.

In the context of peer performance per market data, Microsoft (MSFT) closed at $390.54 and Meta (META) at $585.61 as of July 29, 2026. Within the related semiconductor space, TSM stood at $374.67, while AMD closed at $429.56 and INTC at $86.30 in recent sessions. This mixed landscape highlights the sector's sensitivity to individual earnings reports against a backdrop of elevated borrowing costs and high treasury yields.

Traders should watch key support levels for mega-cap tech, with NVDA at $190.01 and AAPL at $338.19 as of the July 29, 2026 close. On the macro front, recent data showed the US Services PMI at 53.6, indicating resilient economic activity. The stabilization of long-term bond yields remains a critical catalyst for growth stock valuations in the upcoming sessions.