Microsoft:
Earnings-per-share comes in at $2.95 versus $2.93Revenues $64.7 billion versus $64.39 billionAzure cloud 29% versus 30.2% estimateIntelligent cloud $28.52 billion versus $28.72 billion expectedProductivity and business processes $20.32 billion versus $20.21 billion estimate
The stock is moving lower as it’s just not good enough: Shares are down -7% in after-hours trading
Amazon shares down -4.16% on the cloud miss.
Meta is down -1.68% and Nvidia is down -3.39% in after-hours
This article was written by Greg Michalowski at www.forexlive.com.
