MICROSOFT LEADS ‘NOT AS BAD AS FEARED’ RALLY AHEAD OF THE FED
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Not As Bad As Feared
Please click here for a chart of Microsoft (MSFT).
Note the following:
- The Morning Capsule is about the big picture and not about an individual company. The chart of Microsoft is being used to illustrate the big picture.
- The chart shows when Microsoft earnings were released.
- Microsoft missed earnings on most of the metrics. The most important is Azure growth, it came at 40% vs. 43.1% consensus. The chart shows the low to which Microsoft stock fell after the earnings miss.
July 27, 2022