Core Viewpoint - Microsoft shares experienced a significant decline of up to 12.6% following its quarterly earnings report, despite delivering solid financial results that exceeded analyst expectations [1][3]. Financial Performance - For fiscal Q2 2026, Microsoft reported revenue of $81.3 billion, marking a 17% year-over-year increase and a 15% increase in constant currency [2]. - Adjusted earnings per share (EPS) reached $4.14, reflecting a 24% increase or 21% in constant currency [2]. - Analysts had projected revenue of $80.3 billion and EPS of $3.92, indicating that Microsoft surpassed these expectations [3]. Business Segment Performance - The productivity and business processes segment generated $34.1 billion in revenue, growing by 16% [4]. - The personal computing segment reported revenue of $14.3 billion, which was a decline of 3% [4]. - Intelligent cloud revenue increased by 29% to $51.5 billion, with Azure Cloud growing by 39% [4]. Capital Expenditures and Future Outlook - Microsoft’s capital expenditures (capex) rose to $37.5 billion in Q2, up from $26.6 billion in the same quarter last year, as the company works to meet AI demand [5]. - Management is balancing capex spending against AI demand while expanding data center infrastructure [5]. - The trailing 12-month price-to-earnings (P/E) ratio for Microsoft has decreased to 30, aligning it with other tech giants [6]. - Management indicated that cloud and AI growth will fluctuate quarterly as additional capacity becomes available, emphasizing a long-term growth strategy [6].

-- Why Microsoft's Stock Is Tumbling Thursday [Stocks Little Changed After Fed Decision][Fed Holds Key Rate Steady][Meta and Tesla Shares Surge, Microsoft Slides After Earnings][Nvidia's Plans to Sell More Chips in China Clear Major Hurdle]- Top StoriesMicrosoft revealed that nearly half of its backlog was attributable to OpenAI.David Paul Morris / Bloomberg / Getty ImagesClose### Key Takeaways- Analysts said the tech giant's growing AI spending, weaker-than-expected cloud growth, and reliance on a few larg ...

Core Insights - Microsoft reported second-quarter fiscal 2026 earnings of $4.14 per share, exceeding estimates by 6.7% and showing a 24% year-over-year increase [1] - Revenues reached $81.3 billion, a 17% year-over-year growth, surpassing estimates by 1.3% [1] - Commercial bookings surged 230%, driven by significant Azure commitments and large contracts [2] Financial Performance - Microsoft Cloud revenues totaled $51.5 billion, growing 26% year over year, with a gross margin percentage of 67% [3] - Operating income reached $20.6 billion, with an operating margin of 60.4% [9] - Gross profit was $55.3 billion, up 15.6% year over year, with a gross margin of 68% [20] Segment Performance - The Productivity & Business Processes segment generated $34.1 billion in revenues, growing 16% year over year [5] - Intelligent Cloud segment revenues were $32.9 billion, reflecting a 29% year-over-year growth [9] - More Personal Computing segment revenues decreased 3% year over year to $14.3 billion [13] AI and Technology Advancements - Microsoft expanded its AI infrastructure, serving over 80,000 organizations, including 80% of Fortune 500 companies [16] - The company reported 900 million monthly active users of AI features, with over 150 million using first-party Copilots [17] - Microsoft Fabric revenues grew 60%, with SQL Database hyperscale revenues increasing nearly 75% [18] Capital Expenditure and Guidance - Capital expenditures totaled $29.9 billion, with expectations for a decrease in the next quarter [23] - For Q3 FY26, total revenues are projected between $80.65 billion and $81.75 billion, indicating growth of approximately 15% to 17% [27] - The company anticipates remaining capacity-constrained through at least fiscal year-end, impacting revenue opportunities for Azure [29][30]

Welcome back to Morning Trade Live. It's time now for the big picture. So, let's welcome in Lisanne Saunders, chief investment strategist, Sharp Center for Financial Research.Always lovely to see you, Lisanne. >> You too, sir. >> So, we cleared some hurdles yesterday.We got through the Fed, which as you describe is a bit of a snore um because obviously we did see the S&P 500 just teetering around the flatline. It didn't budge much from that. We got through three of the MAG 7.Very different reactions in the ...

Gold (GC=F) fell below $5,300 after briefly topping $5,600 per ounce on Thursday while silver also slid as a blistering rally in precious metals appeared to come to a halt. The declines came alongside a selloff in the stock market, with the Nasdaq Composite (^IXIC) dropping more than 2% amid a plunge in Microsoft shares (MSFT). The tech giant's quarterly earnings report spooked investors given higher-than-anticipated capital spending and a slowdown in quarterly cloud sales growth. A rapid rally in prec ...

Key Takeaways Microsoft shares slumped Thursday, despite quarterly revenue and earnings that topped estimates. Analysts said the tech giant's growing AI spending, weaker-than-expected cloud growth, and reliance on a few large customers raised concerns. Microsoft (MSFT) shares took a big hit after the company reported earnings yesterday. The shares dropped 10% Thursday to close at $433.50, leading losses on the Dow Jones Industrial Average and the Nasdaq. Thursday's rout wiped nearly $360 billion of ...

每经编辑｜段炼 当地时间1月29日，美股开盘后大跳水！ 截至发稿，纳指跌超2.5%，标普500跌近1.5%，道指跌超0.67%。 | 今井 | 191.310 | | 最高 | 193.480 | | 成交量 | 6374万股 | | --- | --- | --- | --- | --- | --- | --- | --- | | 昨收 | 191.520 | | 最低 | 186.060 | | 成交额 | 120.77亿 | | 换手率 | 0.26% | | 市盈(TTM) | 45.60 | | 总市值 | 4.52万亿 | | 制 | 日 | 日K | 園K | 月K | 家 | モK | 更多v | 微软更是暴跌逾12%，创2020年以来最大盘中跌幅，市值蒸发约4400亿美元（约合人民币3.06万亿元）。财报显示其资本支出创历史新高引发市场担忧。 美股科技巨头普遍跳水 微软暴跌12% 科技七姊妹普跌，仅Meta大涨7%。英伟达、特斯拉跌近3%，亚马逊、谷歌也跌超2%，苹果跌0.4%。 费城半导体指数盘中也下挫超过3%，随后有所反弹，截至发稿，跌幅收窄至2%左右。费城半导体指数由费城交易所创立于1 ...

Threats to stocks and the dollar remain. President Trump has threatened new 100% tariffs on US imports from Canada, the possibility of a US government shutdown over ICE funding, and lingering concerns about Greenland. In addition, there is the risk of another partial government shutdown. Senate Democrats threatened to block a government funding deal over Department of Homeland Security/ICE funding after the ICE shooting of an ICU nurse in Minnesota on Saturday. There could be a partial government shutdown w ...

Group 1: Tesla - Tesla's total deliveries decreased by 16%, but investors remain optimistic due to potential future revenue from robo-taxis and humanoid robots [4][20] - Elon Musk announced plans to build "terra fabs" for semiconductor manufacturing, which will require significant capital investment [5][22] - The shift in focus from traditional car production to robotics is seen as a long-term growth strategy for Tesla [21][28] Group 2: Microsoft - Microsoft reported disappointing Azure cloud sales and guidance, leading to a negative market reaction [6][13] - The company has a significant portion of its backlog (45%) tied to OpenAI, raising concerns about circular financing [16][17] - Free cash flow plummeted to $5 billion, down from the usual $20 billion range, indicating potential cash flow issues due to high capital expenditures [14][15] Group 3: Meta - Meta's capital expenditures are expected to double year-over-year, but the focus is on AI investments driving revenue growth across its platforms [7][8] - The company reported strong growth in paid co-pilot subscribers, indicating successful monetization of AI [6][7] - Meta's performance is being positively received by the market, contrasting with Microsoft's struggles [10][15] Group 4: Levi's - Levi's reported quarterly earnings that beat estimates, with a positive sales outlook for 2026 [34][35] - The company is transitioning to a denim lifestyle brand, with significant growth in its women's business, which has doubled in size [39][42] - Levi's is focusing on marketing strategies, including a Super Bowl ad, to enhance brand visibility and drive growth [44][46] Group 5: Corporate Layoffs - Major companies like UPS and Amazon are announcing significant layoffs, with UPS planning to cut 30,000 jobs and Amazon 16,000 [53][54] - These layoffs are seen as a reflection of the growing impact of AI on workforce requirements [53]

SAN MATEO, Calif.--(BUSINESS WIRE)--New Intelligence Hub Marks Expansion of Franklin Templeton's Strategic Collaboration with Microsoft. ...