Microsoft EPS $2.95 versus $2.93 estimate. Revenue $64.7 billion versus $64.39 billion

Microsoft:

• Earnings-per-share comes in at $2.95 versus $2.93
• Revenues $64.7 billion versus $64.39 billion
• Azure cloud 29% versus 30.2% estimate
• Intelligent cloud $28.52 billion versus $28.72 billion expected
• Productivity and business processes $20.32 billion versus $20.21 billion estimate

The stock is moving lower as it’s just not good enough: Shares are down -7% in after-hours trading

Amazon shares down -4.16% on the cloud miss.

Meta is down -1.68% and Nvidia is down -3.39% in after-hours

This article was written by Greg Michalowski at www.forexlive.com.