Previous Close | 5.65 |
Open | 5.65 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 245.00 |
Expire Date | 2025-12-19 |
Day's Range | 5.65 - 5.65 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Alphabet reported Q1 earnings on Thursday that beat estimates. The company also announced its first-ever dividend.
Microsoft (MSFT) reported third quarter earnings that topped Wall Street estimates on both the top and bottom lines, with its intelligent cloud revenue revenue posting surprising strength. As a result, shares of the tech giant are higher Thursday after the market close. CFRA Research Senior Equity Analyst Angelo Zino joins Market Domination Overtime to discuss Microsoft's results. Zino attributes Microsoft's success to its strategic investments in cloud and artificial intelligence (AI) technologies, which have enabled the company to effectively monetize those offerings. He highlights that this achievement is not sector-wide, giving Microsoft a distinct competitive advantage and saying the strong numbers are likely to continue into 2025. Addressing the potential impact of Microsoft's Copilot on its financial performance, Zino says "that's going to take time." He explains that the company still faces the challenge of persuading customers to adopt and "pay for these Copilots," an issue that extends beyond Microsoft to the entire enterprise software industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith.
A look at the day ahead in U.S. and global markets from Mike Dolan A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft and Alphabet earnings wowed the gallery overnight, while the yen plunged anew in Asia as the Bank of Japan left policy on hold. After a day in which Meta's outsize spend on artificial intelligence appear to spook investors and sent both its stock and the wider tech sector into tailspin, its rivals appeared to steady the ship overnight. Microsoft beat estimates for its quarterly revenue and profit, driven by gains from adoption of artificial intelligence across its cloud services, and its shares jumped more than 4% in extended trade.