Microsoft: Microsoft shares are trading down -$9.96 or -2.43% at $398.96
- Earnings per share: Analysts expect $2.82 per share.
- Revenue: Expected at $60.80 billion, which would represent 15.0% year-over-year growth. This is slightly above the 14.5% growth forecast provided by management in January.
Other key information includes:
- PC Shipments: A 0.9% increase in PC shipments this quarter, impacting sales of Windows licenses to PC makers.
- Azure Cloud Services: Growth is expected to slow to 28.8% from 30% in the previous quarter, with consensus around 28.6%.
- New developments: Microsoft introduced Surface PCs with a special key to access the Copilot chatbot and began selling access to Copilot to small businesses through Microsoft 365 subscriptions.
Microsoft shares and the S&P index are up about 6% for the year.
Alphabet: Alphabet shares are currently trading down $3.04 – 1.90% at $156.11
- Revenue (excluding traffic acquisition costs): expected at $66.07 billion, up from $58.07 billion in Q1 2023.
- Adjusted EPS: Expected to be $1.51, up from $1.17 in Q1 2023.
- Cloud revenue: expected at $9.37 billion, up from $7.45 billion in Q1 2023.
- Advertising revenue: expected to be $60.18 billion, up from $54.55 billion in Q1 2023.
Intel: Intel I shares are trading up $0.73 or 2.13% at $35.23
- Earnings per share (EPS): Expected to be $0.13, compared to a loss of $0.04 per share in the same quarter last year. Last quarter’s profit was $0.62
- Revenue: Expected at $12.7 billion, an increase from $11.7 billion in the same quarter last year. Last quarter revenue was $15.406 billion
cnbctv18-forexlive
