Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company’s closely-watched Services division came up light versus estimates.
➡️ $AAPL Apple Q2 FY25 (March quarter): Services +12% Y/Y to $26.6B. Products +3% Y/Y to $68.7B. • Revenue +5% Y/Y to $95.4B ($0.8B beat). • Operating margin 31% (+0pp Y/Y). • EPS $1.65 ($0.03 beat). Source: App Economy Insights
Apple $AAPL approves $100 BILLION share buyback 💰
Source: Trend Spider
Michael Saylor said Strategy is doubling their fundraising to raise $84 billion to buy more Bitcoin
Source: Bitcoin Magazine
China's exports decline 10% year-over-year, the largest drop in AT LEAST 15 years
China said it is evaluating the possibility of starting trade negotiations with the U.S. Senior U.S. officials have reached out recently “through relevant parties multiple times,” hoping to start tariff negotiations, China’s commerce ministry said. Source: Barchart
Nasdaq $QQQ has now fully recovered from the losses sustained after Liberation Day
Source: Barchart
Microsoft ($MSFT) announced its third quarter earnings after the bell on Wednesday, beating expectations on the top and bottom lines on the strength of its cloud performance.
hares of Microsoft rose more than 6% on the news. $MSFT Microsoft Q3 FY25 (ending March): ☁️ Azure +35% Y/Y fx neutral (31% in Q2). 🤖 16% of Azure revenue attributed to AI. • Revenue +13% Y/Y to $70.1B ($1.6B beat). • Operating margin 46% (+1pp Y/Y). • EPS $3.46 ($0.24 beat). Source: App Economy Insights, www.zerohedge.com
Social media giant Meta (META) reported its first quarter results after the bell on Wednesday, beating on the top and bottom lines.
But the company also raised its full-year capital expenditure estimates to between $64 billion to $72 billion, up from $60 billion to $65 billion. Despite fears of an advertising slowdown amid tariff uncertainty, Meta says it anticipates Q2 revenue of between $42.5 billion and $45.5 billion, ahead of Wall Street's expectations of $44 billion. $META Meta Q1 FY25: 👨👩👧👦 Daily active people +6% Y/Y to 3.43B. 👀 Ad impressions +5% Y/Y. • Revenue +16% Y/Y to $42.3B ($1.0B beat). • Operating margin 41% (+4pp Y/Y). • EPS $6.43 ($1.21 beat). • FY25 Capex: $64-$72B (prev. $60-$65B).
Microsoft $MSFT CapEx increased with 53% y/y in Q3'25
Source: Quartr
