What to expect from Meta Platforms, Microsoft earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 72%

Microsoft Corp Nyheter

Meta Platforms Inc,Technology,Investment Strategy

Another busy day of megacap technology earnings kicks off Wednesday with results from Meta Platforms and Microsoft after the bell.

Capital expenditures spending remain top of mind for investors this reporting season after concerns about the payoffs from artificial intelligence investments dented sentiment and pressured the behemoths earlier this year. Those concerns haven't dissipated, with D.A. Davidson analyst Gil Luria noting that capex figures are the "best indicator of NVDA demand." Citi's Ronald Josey thinks that these projections could, however, come in on the conservative side.

mountain Shares this year Rosenblatt's Barton Crockett views the high end of Meta's third-quarter guide as attainable due to ongoing tailwinds from AI innovation and a lift to advertising return on investment. He noted that the company has met or come within 1% of the high end of its next quarter guide over the last year and a half.

mountain Microsoft year-to-date performance In fact, dour sentiment and share underperformance create an attractive setup for the company as Azure growth and demand stabilize, said Morgan Stanley's Keith Weiss. "We remain confident in the magnitude of estimate upside driven largely by Azure, as traditional workload growth appears more de-risked following the volatility of last quarter and the AI demand is firmly building ahead of the F2H capacity unlock," Weiss wrote.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Cramer's week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and AmazonCNBC’s Jim Cramer on Friday urged investors to keep a level head during next week’s busy slate of corporate earnings and influential economic…
Källa: NBCNewYork - 🏆 270. / 63 Läs mer »

Jim Cramer explains why the Magnificent Seven have lasting strength in the marketThe Magnificent Seven includes Amazon, Alphabet, Apple, Microsoft, Nvidia, Meta and Tesla.
Källa: NBCLA - 🏆 319. / 59 Läs mer »