All articles tagged with #microsoft earnings
Microsoft's Q1 earnings showed strong revenue and cloud growth, with Azure surpassing expectations, but shares dropped 4% after guidance indicated capacity constraints through FY2026 and a $3.1 billion loss from OpenAI investment. Despite beating earnings estimates, the market reacted negatively to the outlook, with shares rebounding slightly after initial declines.
Microsoft's upcoming Q1 earnings are highly anticipated, with a focus on its Azure cloud growth, which saw a 39% increase last quarter, and its updated partnership with OpenAI, which now includes a $250 billion Azure purchase and a 27% stake in OpenAI. The company is also shifting hardware production outside China and facing potential impacts from tariff policies, while other tech stocks like FuboTV and Caterpillar are also making notable moves. Investors will be watching these developments closely.
Stock futures rose on hopes of a China trade deal, with Meta and Microsoft surging after strong earnings. Economic data showed lower-than-expected jobless claims and a slight increase in inflation, while the market reacted to these developments and upcoming IPOs like Figma.