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[Rewards] Microsoft shines in fourth-quarter earnings, driven by solid growth in the cloud.
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Revenue was $56.2 billion and increased 8% YoY (year-on-year), vs. $55.5 billion as expected by Refinitiv. Specifically, revenue in Intelligent Cloud was $24.0 billion and increased 15% YoY.
● Net income was $20.1 billion with an increase of 20%, and the...
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Revenue was $56.2 billion and increased 8% YoY (year-on-year), vs. $55.5 billion as expected by Refinitiv. Specifically, revenue in Intelligent Cloud was $24.0 billion and increased 15% YoY.
● Net income was $20.1 billion with an increase of 20%, and the...
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This US earnings season (with 412 out the S&P500 companies reporting earningsd so far) we've seen some of the biggest companies in the world, those in the S&P500 $S&P 500 Index (.SPX.US)$ beating earnings forecasts by 9% on average.
PLUS The amount of companies beating expectations and the amount that they are beating are both above their 10 year averages.
And forward ...
PLUS The amount of companies beating expectations and the amount that they are beating are both above their 10 year averages.
And forward ...
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here it returns as this was not anywhere in my accounts that i could find anywhere i told you $VOLKSWAGEN A G (VWAGY.US)$
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Taiwan's export is showing signs of recovery, which is a positive indicator for TSMC ahead of their earnings report.
Emerging Positive Data
The two most important figures that the market is concerned about for TSMC are its revenue and gross margin. As monthly financial data is released, quarterly revenue is generally expected by the market. Gross margin, on the other hand, is one of the key focuse...
Taiwan's export is showing signs of recovery, which is a positive indicator for TSMC ahead of their earnings report.
Emerging Positive Data
The two most important figures that the market is concerned about for TSMC are its revenue and gross margin. As monthly financial data is released, quarterly revenue is generally expected by the market. Gross margin, on the other hand, is one of the key focuse...
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$Salesforce(CRM.US)$ shares rose Wednesday after it said its profit expanded last quarter as it cut costs and leaned into new products that incorporate artificial intelligence.
The company laid off 10% of its workforce and restructured its sales team early this year in a bid to reorient the business that had once focused largely on revenue growth and is now working to maximize profits.
The company laid off 10% of its workforce and restructured its sales team early this year in a bid to reorient the business that had once focused largely on revenue growth and is now working to maximize profits.
$Grab Holdings (GRAB.US)$ Grab’s share price jumped by 14% in the past week.
The company reported a narrower than expected loss in the second quarter.
Management also now expect to achieve adjusted EBITDA breakeven in the third quarter, one quarter earlier than previous expectations.
Is it time to add Grab to your watchlist? Read our analysis here: Grab's share price jumps as losses narrow. Is a turnaround in sight?
Disclaimer: Beansprout is providing this content for informati...
The company reported a narrower than expected loss in the second quarter.
Management also now expect to achieve adjusted EBITDA breakeven in the third quarter, one quarter earlier than previous expectations.
Is it time to add Grab to your watchlist? Read our analysis here: Grab's share price jumps as losses narrow. Is a turnaround in sight?
Disclaimer: Beansprout is providing this content for informati...
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Srikanth Reddy : AI is the next stage of Microsoft
727727727 : Business needs to adjust... there is still obvious lag remaining in the covid pivot and the hulks of big businesses (msft, ibm, Oracle, etc) are primed and ready for several blowout quarter once economies ramp back to full potential. Probably not this quarter, but 2023 ends with a huge bang! Hold for now... but I'm definitely long on $Microsoft (MSFT.US)$ . At least they've got a meaningful consumer business to back themselves up... plus, you know, $Activision Blizzard (ATVI.US)$ :)
Roll2me : Microsoft definitely is a solid company that keep pushing. Can you imagine world without Microsoft? I don’t.
I love Apple products for personal use but Apple out of touch with business/corporate world.
Investing however, is a different game. It’s more on market sentiment if you are trader and for buy at good price for long term. At current 326, it’s too high for me. I believe 300 is a fair price and 280 is really good value buy
MultiBaggers : Microsoft is one of the best stocks that you can buy and hold. The free cash flow generated by Microsoft is just phenomenal
tonton78 : I've learned so much and gained so much knowledge by joining this program everybody should really give it a try I really want to say thank you to every one of y'all for helping me to learn so much y'all have been so great to me so thank you thank you thank you thank you
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