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- Jul 30 Earnings from Meta and Microsoft are outstanding
Market
“As I have been mentioning over the last few weeks, this earnings season will be outstanding mostly thanks to low expectations set last quarter. That’s proven true again and again by multiple companies” 😊 😋
Markets were mixed, but the Fed decision had no bearing on the outcome
Microsoft Azure grew at 37% and Meta grew revenues at 22% to $47B. That’s incredible growth at the scale of revenues the companies are seeing. Carvana, and Robinhood also had tremendous earnings this quarter.
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Insights from the portfolio
Video of the day
Today’s video is on Meta $META ( ▲ 2.12% ) the Facebook and instagram company.
