Bradley Anthony
06-11

$Microsoft(MSFT)$ Oracle just beat earnings by 8%, with cloud revenue up 21% year over year.

This is a positive sign for Microsoft. Enterprise AI spending is clearly healthy and accelerating — the same companies buying Oracle cloud are also Azure customers. The market is big enough for everyone to have a shot.

Microsoft's earnings on July 28th are worth watching.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2