$GOOGL ALPHABET Q4 2023 EARNINGS
EPS $1.64, EST. $1.59
REVENUE $86.31B, EST. $85.36B
OPERATING INCOME $23.70B, EST. $23.82B
GOOGLE AD REVENUE $65.52B, EST. $65.88B
GOOGLE CLOUD REVENUE $9.19B, EST. $8.95B.
GOOGLE SERVICES REVENUE $76.31, EST. $75.978
YOUTUBE ADS REVENUE $9.20B, EST. $9.168
OTHER BETS REVENUE $657M, EST. $298.6M
$MSFT RESULTS: Q2
❖ Revenue $62.02B, EST $61.14B
❖ Productivity and Business Processes revenue $19.25B, EST $19.03B
❖ Intelligent Cloud revenue $25.88B, EST $25.29B
❖ More Personal Computing revenue $16.89B, EST $16.8B, EPS $2.93
❖ Operating income $27.03B, Capital expenditure $9.74B
❖ Revenue at constant currency +16%
“We expected new highs by late January, which was on schedule, and I think this week is gonna tell us how much further we go,” says @fundstrat’s Tom Lee. “I do think we continue to be strong, but then after that, I think there’s a big air pocket.”
Microsoft $MSFT reports earnings tomorrow after the markets close, Wall ST is expecting numbers of
EPS of $2.77 up 19.4% YoY
Revenue of $61.1B up 15.8% YoY
That is an annoying amount of economic data to potentially interfere with stock price action!
Each stock on its own merits and manage risk, as always.
Earnings from @eWhispers
Economic from @Stocktwits
@Moongod556@Investingcom Market has priced in that fed makes no change to rates. Therefore, if fed cuts rates (the only remotely possible action, but won't happen), then stocks would rise in a very big way. If fed were to raise rates (absolutely won't happen), stocks would sell off hard... in a nutshell.