Microsoft earnings shoots over $20B this quarter...
#1

Imagine that $20B...4 quarters $80B....one Yr 80B.
The turnover is bigger than Singapore GDP.

*Morning Market Update (28 Oct 2021)*

STI 3,223.58 5.28 0.16%
Dow Jones 35,490.69 -266.19 -0.74%
Hang Seng 25,628.74 -409.76 -1.57%
Nikkei 28,721.90 -382.69 -1.30%
SSE 3,597.64 -12.22 -0.34%


*Market Overview*
The Dow Jones Industrial Average and S&P 500 index finished lower Wednesday, while the Nasdaq ended flat, as investors absorbed a huge batch of earnings from technology heavyweights.

Stocks tumbled into the closing bell Wednesday, with only two days of trade left in October, after earlier notching a string of record closes in a robust week for third-quarter earnings.

Meanwhile, in a surprise move Wednesday, the Bank of Canada said it would abruptly end its bond buying program and warned of prolonged inflation through 2023, while also signaling it may hike interest rates sooner than expected, the second quarter of 2022.

Lower U.S. Treasury yields helped to support technology stocks whose valuations are sensitive to bond yields, while good earnings reports from Google and Microsoft late Tuesday also helped the Nasdaq to eke out a gain Wednesday.

Microsoft Corp. reporting quarterly earnings that shot over $20 billion for the first time, late Tuesday.

Shares rose 4.2% to a record close of $323.17, according to Dow Jones Market Data.

Google parent Alphabet Inc. reported earnings that topped estimates amid resilient advertising sales. Its shares rose 5%.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

(28-10-2021, 09:21 AM)sgbuffett Wrote:  Imagine that $20B...4 quarters $80B....one Yr 80B.
The turnover is bigger than Singapore GDP.

*Morning Market Update (28 Oct 2021)*

STI                3,223.58                  5.28                  0.16%
Dow Jones  35,490.69              -266.19              -0.74%
Hang Seng  25,628.74              -409.76              -1.57%
Nikkei          28,721.90              -382.69              -1.30%
SSE            3,597.64                  -12.22                -0.34%


*Market Overview*
The Dow Jones Industrial Average and S&P 500 index finished lower Wednesday, while the Nasdaq ended flat, as investors absorbed a huge batch of earnings from technology heavyweights.

Stocks tumbled into the closing bell Wednesday, with only two days of trade left in October, after earlier notching a string of record closes in a robust week for third-quarter earnings.

Meanwhile, in a surprise move Wednesday, the Bank of Canada said it would abruptly end its bond buying program and warned of prolonged inflation through 2023, while also signaling it may hike interest rates sooner than expected, the second quarter of 2022.

Lower U.S. Treasury yields helped to support technology stocks whose valuations are sensitive to bond yields, while good earnings reports from Google and Microsoft late Tuesday also helped the Nasdaq to eke out a gain Wednesday.

Microsoft Corp. reporting quarterly earnings that shot over $20 billion for the first time, late Tuesday.

Shares rose 4.2% to a record close of $323.17, according to Dow Jones Market Data.

Google parent Alphabet Inc. reported earnings that topped estimates amid resilient advertising sales. Its shares rose 5%.

Have you bought or are you planning to buy?
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#3

(28-10-2021, 09:21 AM)sgbuffett Wrote:  Imagine that $20B...4 quarters $80B....one Yr 80B.
The turnover is bigger than Singapore GDP.

*Morning Market Update (28 Oct 2021)*

STI                3,223.58                  5.28                  0.16%
Dow Jones  35,490.69              -266.19              -0.74%
Hang Seng  25,628.74              -409.76              -1.57%
Nikkei          28,721.90              -382.69              -1.30%
SSE            3,597.64                  -12.22                -0.34%


*Market Overview*
The Dow Jones Industrial Average and S&P 500 index finished lower Wednesday, while the Nasdaq ended flat, as investors absorbed a huge batch of earnings from technology heavyweights.

Stocks tumbled into the closing bell Wednesday, with only two days of trade left in October, after earlier notching a string of record closes in a robust week for third-quarter earnings.

Meanwhile, in a surprise move Wednesday, the Bank of Canada said it would abruptly end its bond buying program and warned of prolonged inflation through 2023, while also signaling it may hike interest rates sooner than expected, the second quarter of 2022.

Lower U.S. Treasury yields helped to support technology stocks whose valuations are sensitive to bond yields, while good earnings reports from Google and Microsoft late Tuesday also helped the Nasdaq to eke out a gain Wednesday.

Microsoft Corp. reporting quarterly earnings that shot over $20 billion for the first time, late Tuesday.

Shares rose 4.2% to a record close of $323.17, according to Dow Jones Market Data.

Google parent Alphabet Inc. reported earnings that topped estimates amid resilient advertising sales. Its shares rose 5%.

A lot of those big corporations revenue bigger than SG gdp. not surprising.
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