Microsoft’s (MSFT) Cloud Business Thrives with a Boost from Artificial Intelligence
Microsoft (MSFT) delivered an excellent earnings report as profits (+27%) and revenue (+13) both exceeded analyst estimates.
Microsoft (MSFT) delivered an excellent earnings report as profits (+27%) and revenue (+13) both exceeded analyst estimates.
Alphabet’s (GOOGL) biggest segment, Google Search, showed investors the ad market is good. But Google’s Cloud business slowed.
Visa (V) management stated business ticket up from July to September, which should put the question about a recession to rest.
Pool Corp (POOL) continues to deliver negative year-over-year growth due to very strong spending on pools in the past years.
American Express (AXP) stock has been weak due to risks of higher write-offs ahead. Meanwhile, growth continues to be impressive.
It’s been tough finding good stocks in the market this year. But for investors with cash, these Blue Chip stocks are worth checking out.
Tesla (TSLA) stock as been weak as spending on Cybertruck, Optimus, and Dojo as well as price cuts on autos are hurting profits.
Johnson & Johnson’s (JNJ) stock slumps to a one-year low of as investors are concerned about litigation from lawsuits.
Lockheed Martin (LMT) jumped 9% after the Israel-Hamas War broke out as countries are expected to spwnd more on defense.
UnitedHealth (UNH) delivered a healthy qtr as profit grew 13% while sales grew 14%, helping the stock to keep its upward momentum.
Domino’s (DPZ) delivered mixed results last qtr as profits grew a sparkling 50%. But revenue growth of -4% was uninspiring.
RH (RH) is having trouble growing sales and profits right now as high mortgage rates and a sluggish economy dampen demand.