Unlike Alphabet, Microsoft Said Something That The Market Was Not Happy To Hear
Portfolio Pulse from Upwallstreet
Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) reported their latest quarterly results. While Alphabet topped expectations, Microsoft's guidance fell short, despite its fiscal fourth quarter results surpassing estimates. Microsoft's revenue growth was under 10% for the third consecutive quarter. Azure revenue growth has slowed down, which is a concern as it competes with Google Cloud and Amazon.com Inc (NASDAQ:AMZN) AWS. Microsoft also trimmed its research and development spending and announced layoffs. The company's first quarter guidance was disappointing, with revenue and Azure growth expected to be lower than estimates.
July 26, 2023 | 4:10 pm
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NEGATIVE IMPACT
Microsoft's Q4 results surpassed estimates but its guidance fell short, causing concerns over slowing Azure growth.
Microsoft's lower than expected guidance and slowing Azure growth, which competes with Google Cloud and Amazon AWS, could negatively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEUTRAL IMPACT
Amazon's AWS competes with Microsoft's Azure, which has seen slowing growth.
The slowing growth of Microsoft's Azure, which competes with Amazon's AWS, could potentially impact Amazon's stock price, but the direct impact is uncertain.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Alphabet, Google's parent company, topped expectations in its latest quarterly results.
Alphabet's strong quarterly results could positively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Alphabet, Google's parent company, topped expectations in its latest quarterly results.
Alphabet's strong quarterly results could positively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 50
RELEVANCE 50