​Mad 7: Microsoft Tanks, Down $250 Billion After Cloud Miss – Tyler Durden

Mad 7: Microsoft Tanks, Down $250 Billion After Cloud Miss In our preview of today’s main event, we said that mood for the Mag7 would be defined by Microsoft’s fiscal Q4 earnings, and for those long the AI sector we have some bad news: Microsoft, true to its name, just shat the bed, because despite beating on revenue and EPS, the company missed on cloud and its shares are tumbling. Here is what Microsoft just reported for Q4: EPS $2.95, up 11% YoY, and beating estimate of $2.93 Revenue $64.73 billion, up1% YoY. and beating estimate $64.52 billion Intelligent Cloud…  — Continue at ZeroHedge News : Read More