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Wall Street Breakfast Podcast: Meta, Microsoft Earnings Test
Options traders expect about 6% post-earnings moves as investors focus on AI spending, cloud growth and forward guidance.
- Meta Platforms and Microsoft Corporation report quarterly earnings on Wednesday after market close, with Amazon.com scheduled to report Thursday.
- Investors are scrutinizing capital expenditure as tech giants, including Microsoft, pour hundreds of billions into AI infrastructure. Market participants demand tangible returns justifying massive investments in cloud and AI-powered tools.
- Reporting second-quarter revenue of $60.8 billion, Meta saw net income decline 14% year-over-year to $15.8 billion. The stock slid nearly 12% from its July intraday high ahead of the earnings release.
- Wall Street expects Microsoft to post earnings per share of $4.24 on revenue of $87.63B, implying a 14.8% quarterly increase. Analysts focus on Azure cloud growth and Microsoft Copilot monetization.
- Options traders anticipate elevated volatility, pricing in moves of about 6.95% for Meta and 6.23% for Microsoft following results. These Magnificent Seven stocks hold substantial weight in major ETFs, amplifying market impact.
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14 Articles
14 Articles
Today, the focus of the financial markets is primarily on Fed boss Kevin Warsh: Is the expected further interest break coming? After the close of the stock market, Microsoft and Meta come to the center.
·Düsseldorf, Germany
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What investors should expect from critical Q2 earnings for Meta, Microsoft, and Amazon
Meta CEO Mark Zuckerberg (L) and Microsoft CEO Satya Nadella (R) in May 2018.CHARLES PLATIAU/POOL/AFP via Getty ImagesThe hyperscaler trio of Meta, Microsoft, and Amazon is set to report earnings over the next two days.Spending-conscious investors have been hard to impress. Detailed below is what they need to hear from each company.Sign up for First Trade, Business Insider's daily markets newsletter.We enter the heart of Big Tech earnings season…
·New York, United States
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Coverage Details
Total News Sources14
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 28%
R 43%
Factuality
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