earning reports from microsoft, meta , arm , qaulcomm
MICROSOFT MSFT Numbers: Revenue $90.01B** (+18% YoY), EPS **$4.74 (+23% YoY). Azure growth +43% (beat). Forward Guidance: Azure annual revenue exceeded $100B for the first time. Microsoft 365 Copilot now has over 30M paid seats. AI business annualized revenue run-rate > $37B. Kept capex plan at ~$190B for the year. Commercial remaining performance obligations jumped 84% to $678B – signaling strong future demand. the big take on this is ai revenue is up since the last report and capex is down witch really over spills into the overall tech sector as it point more away from ai been a bubble and not following through with ROI return on investment, and takes away the recent negative market reaction to capex capital expenditure . stock reaction after hours looks fairly positive
META (formally Facebook) Numbers: Revenue $60.8B** (+28% YoY, beat). Net profit **$15.85B (–14% YoY, missed big). Forward Guidance: Q3 revenue guide: $61.0B–$64.0B – midpoint below consensus. Raised full-year capex guide to $130B–$145B (from $125B–$145B). Zuckerberg said they will not sell compute for short-term gain – they'll keep building AI infrastructure. Free cash flow cratered to just $784M due to heavy spending. mr zuck at meta has had more than his fair share off issues at meta in the last few years and continues to , yet despite that the company adapts , the company is suffering compared to competitors on ai revenue yet he has a different approach and has recently said in an interview with the financial times.... "Banning Chinese models is not an effective solution" – He argued that simply blocking China's frontier AI models from the U.S. market won't fix the core problem. , he stresses about not wanting certain companys like open ai or anthropic monopolize technology and compute intelligence . and goes away from the centralization off ai and technology , this could possibly help his popularity because as a CEO that has not been great off recent years , after all the bad press off instagram and social media in general and its effects on mental health one could say he used martial arts ju jitsu dana white the ufc to sports wash his image . love him or hate him mr mark zuckerberg continues to innovate
other names reported that are a big part off the tech eco system and market movers... Arm (ARM) – Beat on revenue/earnings and guided Q2 rev $1.38B (above consensus), but stock fell ~8% anyway (valuation concerns).
Qualcomm (QCOM) – Revenue $9.95B** (slight beat), but EPS missed. Key: Q4 EPS guide $2.05–$2.25 – below Street's **$2.38 – stock down ~4–7% over all its quite mixed with Microsoft stock up and meta down after hours , yet both positive for the ai trade as msft swerved the story away from ai tech bubble and meta is focusing on non centralization off tech