HomeLifestyleMediaMSFT Drops Despite Earnings Beat, META Earnings Preview & How To Trade

MSFT Drops Despite Earnings Beat, META Earnings Preview & How To Trade

Microsoft's (MSFT) 4Q revenue came in at $56.20B versus an estimated $55.36B and adjusted EPS came in at $2.69 versus an estimated $2.54. Darin Tuttle discusses MSFT's earnings as its 4Q intelligent cloud revenue came in at $24B, which is up 15%. 4Q Windows OEM revenue is down 12%. He also talks about Meta Platforms (META) which will report earnings today, postmarket. Its adjusted EPS is estimated at $2.87 and revenue is estimated at $30.91B. Tom White then joins to demonstrate example trades on MSFT and META. He is bullish on MSFT and neutral to slightly bearish on META. Tune in to find out more about the stock market today.

Morning Trade Live

26 Jul 2023

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