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👉 JUST IN: Microsoft asks shareholders to vote on whether to consider investing in Bitcoin!
Source: Swan on X
Microsoft in a nuclear power deal with Constellation Energy for AI data centers
Source: Bloomberg
BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund
With technology giant Microsoft to build data centres and energy projects to meet growing demands stemming from AI, people briefed about the matter said https://on.ft.com/3Bh2aGG Source: FT
Top 10 biggest companies in 2024 vs. 2009: What a difference 15 years can make...
Source: Stocktwits, Yahoo Finance
$MSFT trades at quite a large premium to the NASDAQ 100. Will the premium shrink after yesterday's earnings release?
Source: Bloomberg
A tough technical picture for Microsoft $MSFT. This is the first 200-Day SMA test since March 2023.
Source: Trendspider
Microsoft shares fell 7% in extended trading on Tuesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results.
Here’s how the company did, compared with the LSEG consensus: -> Earnings per share: $2.95 vs. $2.93 expected -> Revenue: $64.73 billion vs. $64.39 billion expected Microsoft’s revenue increased 15% year over year in the fiscal fourth quarter, which ended on June 30, according to a statement. Net income, at $22.04 billion, was up from $20.08 billion, or $2.69 per share, in the year-ago quarter. The company’s top segment, Intelligent Cloud, generated $28.52 billion in revenue. It includes the Azure public cloud, Windows Server, Nuance and GitHub. The total was up about 19% and below the $28.68 billion consensus among analysts surveyed by StreetAccount. GitHub’s revenue is now at an annual run rate exceeding $2 billion, Microsoft CEO Satya Nadella said on a conference call with analysts. Revenue from Azure and other cloud services grew 29% during the quarter. Analysts polled by CNBC and StreetAccount had expected 31% growth. Microsoft’s Azure number hadn’t fallen short of consensus since 2022. Microsoft doesn’t disclose revenue from the category in dollars. In a nutshell: $MSFT Microsoft Q4 FY24 (ending in June): ☁️ Azure +30% Y/Y fx neutral (vs. 31% in Q3). • Revenue +15% Y/Y to $64.7B ($0.3B beat). • Gross margin 70% (-1pp Y/Y) • Operating margin 43% (flat Y/Y). • EPS $2.95 ($0.02 beat). Source: CNBC, App Economy Insights
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