Microsoft and Google’s earnings sent their stocks in opposite directions, highlighting a gap in their AI report cards.
Microsoft beat expectations across the board in FY27 Q1, with revenue of $92.28 billion and Azure growth accelerating to 48%. Free cash flow also came in well above expectations, sending the stock higher after hours as it successfully capitalized on the AI boom.
Google, by contrast, saw cloud revenue surge 103%, far exceeding expectations. But its core search and YouTube businesses fell short, and free cash flow turned negative, weighing on results. Shares plunged more than 6% after hours.
Both companies delivered impressive cloud results. The dividing line was their performance in traditional core businesses and cash flow.
BTC is currently around $81,112, barely holding above $81,000 and not yet firmly established there. For now, there’s no need to force a link between U.S. stock earnings and crypto prices.
Key events to watch next are tonight’s PCE and GDP data, Friday’s large Bitcoin options expiry, and Amazon’s earnings early tomorrow morning. Several catalysts are still ahead.
#Microsoft #Google #BTC
Microsoft beat expectations across the board in FY27 Q1, with revenue of $92.28 billion and Azure growth accelerating to 48%. Free cash flow also came in well above expectations, sending the stock higher after hours as it successfully capitalized on the AI boom.
Google, by contrast, saw cloud revenue surge 103%, far exceeding expectations. But its core search and YouTube businesses fell short, and free cash flow turned negative, weighing on results. Shares plunged more than 6% after hours.
Both companies delivered impressive cloud results. The dividing line was their performance in traditional core businesses and cash flow.
BTC is currently around $81,112, barely holding above $81,000 and not yet firmly established there. For now, there’s no need to force a link between U.S. stock earnings and crypto prices.
Key events to watch next are tonight’s PCE and GDP data, Friday’s large Bitcoin options expiry, and Amazon’s earnings early tomorrow morning. Several catalysts are still ahead.
#Microsoft #Google #BTC