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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 31 Jul 2024 - - - #### A tough technical picture for Microsoft $MSFT. This is the first 200-Day SMA test since March 2023. Source: Trendspider [#technical analysis|](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![A tough technical picture for Microsoft $MSFT. This is the first 200-Day SMA test since March 2023.](https://blog.syzgroup.com/hubfs/1722376657071.jpg) ![A tough technical picture for Microsoft $MSFT. This is the first 200-Day SMA test since March 2023.](https://blog.syzgroup.com/hubfs/1722376657071.jpg) 31 Jul 2024 - - - #### 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 [#earnings|](https://blog.syzgroup.com/syz-the-moment/tag/earnings) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![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.](https://blog.syzgroup.com/hubfs/1722376548067.jpg) ![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.](https://blog.syzgroup.com/hubfs/1722376548067.jpg) 30 Jul 2024 - - - #### Microsoft and Alphabet are now exactly on par since the launch of ChatGPT at the end of November 2022. Source: HolgerZ, Bloomberg [#Technology|](https://blog.syzgroup.com/syz-the-moment/tag/technology) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Microsoft and Alphabet are now exactly on par since the launch of ChatGPT at the end of November 2022.](https://blog.syzgroup.com/hubfs/1722284562872.jpg) ![Microsoft and Alphabet are now exactly on par since the launch of ChatGPT at the end of November 2022.](https://blog.syzgroup.com/hubfs/1722284562872.jpg) 13 Jun 2024 - - - #### Apple almost overtook Microsoft as the largest market cap in the world. Source: Companies Marketcap [#apple|](https://blog.syzgroup.com/syz-the-moment/tag/apple) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Apple almost overtook Microsoft as the largest market cap in the world.](https://blog.syzgroup.com/hubfs/5-Jun-13-2024-03-31-32-8587-PM.jpg) ![Apple almost overtook Microsoft as the largest market cap in the world.](https://blog.syzgroup.com/hubfs/5-Jun-13-2024-03-31-32-8587-PM.jpg) 1 May 2024 - - - #### The tale of hardware vs. software visualized through four decades of market cap development by Quartr Four intriguing facts: → In 1981, $IBM sparked the personal computing revolution with the release of its blockbuster IBM PC. → $MSFT was assigned to develop the operating system under a non-exclusive deal, instantly catapulting the company into a market-leading position in software. → In 1986, Microsoft went public with a market cap equaling 1% of IBM's, which at the time was the largest company in the world. → IBM's market cap now equals ~5% of Microsoft's, which now is the largest company in the world with a market cap exceeding $3 trillion. [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![The tale of hardware vs. software visualized through four decades of market cap development by Quartr](https://blog.syzgroup.com/hubfs/2-May-01-2024-09-45-47-1395-AM.jpg) ![The tale of hardware vs. software visualized through four decades of market cap development by Quartr](https://blog.syzgroup.com/hubfs/2-May-01-2024-09-45-47-1395-AM.jpg) 26 Apr 2024 - - - #### Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations. Here’s how the company did in comparison with the consensus from LSEG: Earnings per share: $2.94 vs. $2.82 expected Revenue: $61.86 vs. $60.80 billion expected Microsoft’s total revenue grew 17% year over year in the quarter, which ended on March 31, according to a statement. Net income, at $21.94 billion, or $2.94 per share, was up from $18.30 billion, or $2.45 per share in the year-ago quarter. The company’s Intelligent Cloud segment, including the Azure public cloud, Windows Server, Nuance and GitHub, produced $26.71 billion in revenue. That’s up about 21% and more than the $26.26 billion consensus among analysts surveyed by StreetAccount. Revenue from Azure and other cloud services grew 31%, compared with 30% in the previous quarter. Analysts polled by CNBC had expected 28.8%, while the StreetAccount consensus was 28.6%. In a nutshell: $MSFT Microsoft Q3 FY24 (ending in March): • Revenue +17% Y/Y to $61.9B ($1.0B beat). • Gross margin 70% (+0pp Y/Y) • Operating margin 44% (+2pp Y/Y). • EPS $2.94 ($0.11 beat). Azure +31% fx neutral. Source: Barchart, CNBC [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations.](https://blog.syzgroup.com/hubfs/7-Apr-26-2024-08-29-34-7586-AM.jpg) ![Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations.](https://blog.syzgroup.com/hubfs/7-Apr-26-2024-08-29-34-7586-AM.jpg) 25 Apr 2024 - - - #### Microsoft's EPS growth since its 1986 IPO Visualized by Quartr x Acquired [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![Microsoft's EPS growth since its 1986 IPO](https://blog.syzgroup.com/hubfs/1-Apr-25-2024-12-25-44-7637-PM.jpg) ![Microsoft's EPS growth since its 1986 IPO](https://blog.syzgroup.com/hubfs/1-Apr-25-2024-12-25-44-7637-PM.jpg) 9 Feb 2024 - - - #### With a $3 trillion market cap, Microsoft is twice the size of the entire energy sector in the S&P 500, which generates double Microsoft’s annual free cash flow. Source: Tavi Costa [#energy|](https://blog.syzgroup.com/syz-the-moment/tag/energy) [#microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) ![With a $3 trillion market cap, Microsoft is twice the size of the entire energy sector in the S&P 500, which generates double Microsoft’s annual free cash flow.](https://blog.syzgroup.com/hubfs/7-Feb-09-2024-12-59-21-9713-PM.jpg) ![With a $3 trillion market cap, Microsoft is twice the size of the entire energy sector in the S&P 500, which generates double Microsoft’s annual free cash flow.](https://blog.syzgroup.com/hubfs/7-Feb-09-2024-12-59-21-9713-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/3) [1](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/4) [5](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/5) [❯](https://blog.syzgroup.com/syz-the-moment/tag/microsoft/page/5) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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