Microsoft and Meta reported earnings with opposite market reactions: Microsoft's stock rose 9.8% due to strong growth in its AI cloud business Azure, which has paying external customers and a large backlog. Meta's stock fell 10% as its AI spending is mostly internal, lacking external revenue, and compounded by heavy losses in its Reality Labs VR division. Microsoft beat earnings expectations, showed strong cash flow, and provided optimistic guidance, while Meta missed earnings per share, lowered revenue guidance, and cut capital expenditure forecasts. Analysts favor Microsoft's proven AI business model over Meta's aspirational and costly ventures, predicting higher upside for Microsoft in the next year.
Microsoft reported strong Q4 results with total revenue rising 18% year-over-year and Intelligent Cloud revenue up 32%. The company significantly increased its AI capital expenditure by 110% to $35.8 billion, fueling growth in cloud and AI infrastruc...
Microsoft's Q2 results reveal robust fundamentals, including 18% year-over-year revenue growth and strong 26% unlevered free cash flow margins despite increased capital expenditures. The company's rapidly expanding order backlog, up 84% year-over-yea...
Meta reported strong ad growth helped by AI but revealed a massive $31.1 billion AI spend, nearly double last year, severely cutting free cash flow and causing a nearly 10% stock drop after hours. CEO Zuckerberg argued AI returns need more time, focu...
The Alger Concentrated Equity ETF (CNEQ) and the Mango Growth ETF (GARY) offer different U.S. growth exposures despite both being tech-heavy and actively managed. GARY focuses heavily on semiconductor and AI infrastructure stocks, capturing the AI ca...
US stock futures rose following strong earnings from Microsoft, which surged nearly 9% in pre-market trading after beating revenue and earnings forecasts. This helped technology stocks recover from a sharp sell-off triggered by the Federal Reserve's ...
