MSFT shares rose last week after delivering its fiscal first-quarter earnings report – the earnings numbers were solid, as was the outlook for certain segments, including the company’s Azure cloud unit and the anticipated rollout of Microsoft’s artificial intelligence product Copilot. The company reported earnings of $US2.99, beating LSEG, formerly known as Refinitiv, consensus estimates of $US2.65, while revenue of $US56.52bn was also a beat of $US54.50bn estimates. This a quality business delivering both now and potentially into 2024/5, hence, it’s no surprise it’s within striking distance of fresh all-time highs.
- We can see MSFT making fresh all-time highs if stocks enjoy a Santa Rally through November & December – MM is long MSFT in our International Companies Portfolio.
MM remains long and bullish MSFT
Add To Hit List
