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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. 30 Oct 2026 - - - #### Interesting visual by ProAllocate on Q4 2026 consensus view Source: ProAllocate [#earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) ![Interesting visual by ProAllocate on Q4 2026 consensus view](https://blog.syzgroup.com/hubfs/1793205837212.jpg) ![Interesting visual by ProAllocate on Q4 2026 consensus view](https://blog.syzgroup.com/hubfs/1793205837212.jpg) #### Disclaimer This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. Read More ## Related Articles [earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) #### [WE ARE IN A 10 TO 20 YEAR CYCLE](https://blog.syzgroup.com/syz-the-moment/we-are-in-a-10-to-20-year-cycle?hsLang=en) AMAZON $AMZN CEO ANDY JASSY SAID: "WE HAVE EVEN MORE CONVICTION THAN WE ALREADY HAD THAT THE INVESTMENT WE'RE MAKING IN AWS WILL YIELD A MUCH LARGER REVENUE AND FREE CASH FLOW GENERATING BUSINESS THAN WE WOULD'VE IMAGINED A FEW YEARS AGO... " Source: Trend Spider **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 30/10/2026 [earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) #### [The Big 4 have now revealed their quarterly CapEx spending with a combined total surpassing $200B](https://blog.syzgroup.com/syz-the-moment/the-big-4-have-now-revealed-their-quarterly-capex-spending-with-a-combined-total-surpassing-200b?hsLang=en) • $AMZN ~$77B • $GOOGL ~$51B • $MSFT ~$39B • $META ~$34B Source: Shay Boloor **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 30/10/2026 [earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) #### [Microsoft $MSFT+4% on a strong Azure beat and CapEx coming in well below expectations.](https://blog.syzgroup.com/syz-the-moment/microsoft-msft4-on-a-strong-azure-beat-and-capex-coming-in-well-below-expectations?hsLang=en) \- Azure Growth: +48% YoY vs. +44.7% est. - CapEx: $39.4B vs. $46.6B est. MICROSOFT $MSFT Q1’27 EARNINGS HIGHLIGHTS 🔹 Revenue: $92.3B (Est. $90.69B) 🟢; +19% YoY 🔹 Adj. EPS: $4.89 (Est. $4.73) 🟢; +18% YoY 🔹 Oper Income: $45.9B (Est. $44.06B) 🟢; +21% YoY 🔹 Adj. Net Income: $36.4B (Est. $35.13B) 🟢 🔹 Azure: $33.2B (Est. $32.32B) 🟢; +48% YoY 🔹 Azure Growth ex-FX: +48% (Est. +45.2%) 🟢 🔹 Azure Growth: +48% YoY (Est. +44.7%) 🟢 🔹 Microsoft Cloud: $63.9B; +30% YoY 🔹 Commercial RPO: $677B (Est. $705.6B) 🔴 Financials: 🔹 CapEx: $39.4B (Est. $46.59B) 🟢 🔹 CapEx to Revenue: ~42.7% Key Updates: 🔹 OpenAI Impact: $207M net gain; $0.03 EPS impact Capital Return: 🔹 Returned $10.2B to shareholders via dividends & share repurchases CEO Commentary – Satya Nadella: 🔸 “By helping organizations build and own their own intelligence, and earning trust through agent safety and security, we are translating our innovation into growing adoption and real-world impact across every industry.” CFO Commentary – Amy Hood: 🔸 “Results exceeded expectations across revenue, operating income, and earnings per share.” Source. Wall St Engine **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 29/10/2026 ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. [Discover more](https://blog.syzgroup.com/syz-the-moment) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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