Mei Ri Jing Ji Xin Wen·2025-07-31 13:57Market Overview - The three major U.S. stock indices opened higher on July 31, with the Dow Jones up 0.22%, Nasdaq up 1.22%, and S&P 500 up 0.7% [1] - The U.S. dollar index reached 100 for the first time since May 29, increasing by 0.07% [3] Microsoft Financial Performance - Microsoft reported Q2 revenue of $76.44 billion, a year-over-year increase of 18%, surpassing market expectations of $73.89 billion [4] - Earnings per share (EPS) for Microsoft were $3.65, up 24% year-over-year, exceeding the forecast of $3.37 [4] - The commercial cloud business, including Office and Azure, generated $46.7 billion in revenue, a 27% increase year-over-year, above the expected $45.96 billion [5] - The intelligent cloud segment, which includes Azure, Windows Server, and GitHub, reported $29.9 billion in revenue, a 26% year-over-year increase, exceeding the forecast of $29.1 billion [5] - Microsoft’s capital expenditures grew by 27% to $24.2 billion, above the expected $23.08 billion, crucial for overcoming supply constraints related to rising AI demand [5] - As of the report, Microsoft's stock price was $544.974 per share, with a market capitalization of $4.05 trillion [5] Meta Financial Performance - Meta's Q2 revenue was $47.516 billion, exceeding market expectations of $44.83 billion [6] - The company reported an EPS of $7.14, significantly higher than the expected $5.89 [6] - Meta's guidance for Q3 revenue is projected between $47 billion and $50.5 billion, above the market expectation of $46.2 billion [6] - For the full year 2025, Meta's spending is expected to be between $66 billion and $72 billion, revised from a previous estimate of $64 billion to $72 billion [6] - Meta's stock rose over 11%, approaching a market capitalization of $2 trillion [5]