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- LobongLobong
  ·04-07
  I like her conviction. Buy more Tesla at current dip!
  Cathie Wood Hails Elon Musk's Visionary Impact
  ZINGER KEY POINTSWood emphasized the significance of Tesla's robotaxi business, predicting near-term realization.Wood described her investment in disruptive technologies as a mission, not just a strat
  Cathie Wood Hails Elon Musk's Visionary Impact
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- LobongLobong
  ·01-31
  Why price still fall??
  Microsoft Beats Q2 Revenue Estimates on Cloud Strength
  【Live: Microsoft FY2024 Q2 Earnings Conference Call】Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and
  Microsoft Beats Q2 Revenue Estimates on Cloud Strength
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Buy more Tesla at current dip!","listText":"I like her conviction. Buy more Tesla at current dip!","text":"I like her conviction. Buy more Tesla at current dip!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292583494123656","repostId":"1109255951","repostType":2,"repost":{"id":"1109255951","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1712457000,"share":"https://www.laohu8.com/m/news/1109255951?lang=&edition=full","pubTime":"2024-04-07 10:30","market":"us","language":"en","title":"Cathie Wood Hails Elon Musk's Visionary Impact","url":"https://stock-news.laohu8.com/highlight/detail?id=1109255951","media":"Benzinga","summary":"ZINGER KEY POINTSWood emphasized the significance of Tesla's robotaxi business, predicting near-term realization.Wood described her investment in disruptive technologies as a mission, not just a strat","content":"<html><head></head><body><h4 id=\"id_3357873814\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Wood emphasized the significance of Tesla&#39;s robotaxi business, predicting near-term realization.</p></li><li><p>Wood described her investment in disruptive technologies as a mission, not just a strategy.</p></li></ul><p>In a discussion at the global sports leader conference in Kiawah, S.C. this week, <strong>Cathie Wood</strong>, the CEO of <strong>ARK Invest</strong>, shared her perspectives on the future of technology and investment with <strong>Andy Serwer.</strong></p><p style=\"text-align: start;\">Wood, known for her deep conviction in the transformative power of technologies like artificial intelligence (AI), robotics, and blockchain, is not just enthusiastic about these areas — she sees them as her mission to share with the world.</p><p style=\"text-align: start;\">Barron&#39;s reported that Wood&#39;s optimism about<strong> Tesla Inc.</strong> and its future in the autonomous vehicle sector, despite recent skepticism due to weaker-than-expected orders, underscores her belief in the potential of disruptive technologies. </p><p style=\"text-align: start;\">During her conversation with Barron&#39;s Andy Serwer, Wood argued that Tesla is more than an auto manufacturer — it&#39;s at the forefront of robotics, energy storage and AI, promising to revolutionize the industry with high-margin business models akin to software as a service.</p><p style=\"text-align: start;\">Contrary to the retreat from electric vehicles (EVs) by traditional auto giants like Ford and GM, Wood predicts that Tesla&#39;s innovations and price reductions will dominate the market.</p><p style=\"text-align: start;\">Her strategy of buying low and selling high reflects her investment philosophy, further highlighted by her stance on <strong>Elon Musk</strong> and his unchanged dedication to advancing technology.</p><p>When asked about Wood&#39;s concern about Musk’s behavior and how he has changed, Wood said, “Oh, no, he’s not any different at all.”</p><p style=\"text-align: start;\">“Honestly, we’ve met with him, obviously, a number of times. 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Look at what he does, not what he says.”</p><p style=\"text-align: start;\">Wood also emphasized the importance of <strong>X</strong>, formerly known as Twitter, as a platform for sharing ARK Invest&#39;s research and engaging with innovation communities.</p><p style=\"text-align: start;\">Despite the volatility of ARK Invest&#39;s returns, Wood remains undeterred, advocating for investments in what she views as the new Nasdaq of disruptive technologies.</p><p>Addressing concerns about crypto&#39;s environmental impact and misuse, Wood compared these early criticisms to those once levied against the internet, highlighting the innovative uses of Bitcoin mining to promote environmental sustainability.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Hails Elon Musk's Visionary Impact</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Hails Elon Musk's Visionary Impact\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-04-07 10:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_3357873814\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Wood emphasized the significance of Tesla&#39;s robotaxi business, predicting near-term realization.</p></li><li><p>Wood described her investment in disruptive technologies as a mission, not just a strategy.</p></li></ul><p>In a discussion at the global sports leader conference in Kiawah, S.C. this week, <strong>Cathie Wood</strong>, the CEO of <strong>ARK Invest</strong>, shared her perspectives on the future of technology and investment with <strong>Andy Serwer.</strong></p><p style=\"text-align: start;\">Wood, known for her deep conviction in the transformative power of technologies like artificial intelligence (AI), robotics, and blockchain, is not just enthusiastic about these areas — she sees them as her mission to share with the world.</p><p style=\"text-align: start;\">Barron&#39;s reported that Wood&#39;s optimism about<strong> Tesla Inc.</strong> and its future in the autonomous vehicle sector, despite recent skepticism due to weaker-than-expected orders, underscores her belief in the potential of disruptive technologies. </p><p style=\"text-align: start;\">During her conversation with Barron&#39;s Andy Serwer, Wood argued that Tesla is more than an auto manufacturer — it&#39;s at the forefront of robotics, energy storage and AI, promising to revolutionize the industry with high-margin business models akin to software as a service.</p><p style=\"text-align: start;\">Contrary to the retreat from electric vehicles (EVs) by traditional auto giants like Ford and GM, Wood predicts that Tesla&#39;s innovations and price reductions will dominate the market.</p><p style=\"text-align: start;\">Her strategy of buying low and selling high reflects her investment philosophy, further highlighted by her stance on <strong>Elon Musk</strong> and his unchanged dedication to advancing technology.</p><p>When asked about Wood&#39;s concern about Musk’s behavior and how he has changed, Wood said, “Oh, no, he’s not any different at all.”</p><p style=\"text-align: start;\">“Honestly, we’ve met with him, obviously, a number of times. I think he’s extremely focused on the barriers to entry that his companies have, [and] pushing technologies forward. We’re learning more about what he’s going to do in terms of block manufacturing, moving away from the assembly line, and rethinking everything. I think he’s transforming the world. Saving humanity from itself, in terms of EVs and energy storage, is extremely important to him. Look at what he does, not what he says.”</p><p style=\"text-align: start;\">Wood also emphasized the importance of <strong>X</strong>, formerly known as Twitter, as a platform for sharing ARK Invest&#39;s research and engaging with innovation communities.</p><p style=\"text-align: start;\">Despite the volatility of ARK Invest&#39;s returns, Wood remains undeterred, advocating for investments in what she views as the new Nasdaq of disruptive technologies.</p><p>Addressing concerns about crypto&#39;s environmental impact and misuse, Wood compared these early criticisms to those once levied against the internet, highlighting the innovative uses of Bitcoin mining to promote environmental sustainability.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109255951","content_text":"ZINGER KEY POINTSWood emphasized the significance of Tesla's robotaxi business, predicting near-term realization.Wood described her investment in disruptive technologies as a mission, not just a strategy.In a discussion at the global sports leader conference in Kiawah, S.C. this week, Cathie Wood, the CEO of ARK Invest, shared her perspectives on the future of technology and investment with Andy Serwer.Wood, known for her deep conviction in the transformative power of technologies like artificial intelligence (AI), robotics, and blockchain, is not just enthusiastic about these areas — she sees them as her mission to share with the world.Barron's reported that Wood's optimism about Tesla Inc. and its future in the autonomous vehicle sector, despite recent skepticism due to weaker-than-expected orders, underscores her belief in the potential of disruptive technologies. During her conversation with Barron's Andy Serwer, Wood argued that Tesla is more than an auto manufacturer — it's at the forefront of robotics, energy storage and AI, promising to revolutionize the industry with high-margin business models akin to software as a service.Contrary to the retreat from electric vehicles (EVs) by traditional auto giants like Ford and GM, Wood predicts that Tesla's innovations and price reductions will dominate the market.Her strategy of buying low and selling high reflects her investment philosophy, further highlighted by her stance on Elon Musk and his unchanged dedication to advancing technology.When asked about Wood's concern about Musk’s behavior and how he has changed, Wood said, “Oh, no, he’s not any different at all.”“Honestly, we’ve met with him, obviously, a number of times. I think he’s extremely focused on the barriers to entry that his companies have, [and] pushing technologies forward. We’re learning more about what he’s going to do in terms of block manufacturing, moving away from the assembly line, and rethinking everything. I think he’s transforming the world. Saving humanity from itself, in terms of EVs and energy storage, is extremely important to him. Look at what he does, not what he says.”Wood also emphasized the importance of X, formerly known as Twitter, as a platform for sharing ARK Invest's research and engaging with innovation communities.Despite the volatility of ARK Invest's returns, Wood remains undeterred, advocating for investments in what she views as the new Nasdaq of disruptive technologies.Addressing concerns about crypto's environmental impact and misuse, Wood compared these early criticisms to those once levied against the internet, highlighting the innovative uses of Bitcoin mining to promote environmental sustainability.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":268774111932560,"gmtCreate":1706653208040,"gmtModify":1706664347353,"author":{"id":"4166321692756222","authorId":"4166321692756222","name":"Lobong","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0},"themes":[],"htmlText":"Why price still fall??","listText":"Why price still fall??","text":"Why price still fall??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/268774111932560","repostId":"2407316359","repostType":2,"repost":{"id":"2407316359","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1706652273,"share":"https://www.laohu8.com/m/news/2407316359?lang=&edition=full","pubTime":"2024-01-31 06:04","market":"sg","language":"en","title":"Microsoft Beats Q2 Revenue Estimates on Cloud Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2407316359","media":"Reuters","summary":"【Live: Microsoft FY2024 Q2 Earnings Conference Call】Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/m/live/1789033379427385/?name=RNLive&amp;rndata=%7B%22liveId%22%3A%221789033379427385%22%2C%22type%22%3A1%7D\" title=\"Microsoft FY2024 Q2 Earnings Conference Call\" target=\"_blank\">Microsoft FY2024 Q2 Earnings Conference Call</a>】</p><p>Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.</p><p>Microsoft shares fell 2.4 per cent in after-hours trading. They climbed 57 per cent last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24 per cent surge in the S&amp;P 500 in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae45b2c810783e7424c7c3343927cb37\" title=\"\" tg-width=\"811\" tg-height=\"827\"/></p><p>&#34;We&#39;ve moved from talking about AI to applying AI at scale,&#34; CEO Satya Nadella said in a statement. &#34;By infusing AI across every layer of our tech stack, we&#39;re winning new customers and helping drive new benefits and productivity gains across every sector.&#34;</p><p>Investors are watching Microsoft&#39;s Azure and Office revenues closely to see what kind of sales flow come from the tens of billions of dollars the company plans to pour into data centers this year to deliver generative AI.</p><p>Total revenue grew 18% to $62 billion in the quarter ended Dec. 31, compared with the average analyst estimate of $61.12 billion, according to LSEG data. Adjusted profit of $2.93 per share beat an average estimate of $2.78 per share.</p><p>Revenue at Microsoft&#39;s Intelligent Cloud unit, which houses the Azure cloud computing platform, grew 20% to $25.9 billion. Sales of Azure, for which Microsoft does not disclose a dollar figure, grew 30% - its best growth rate in four quarters - compared with a 27.7% consensus estimate from Visible Alpha, and outstripping a 25.7% growth in Google Cloud.</p><p>Brett Iversen, Microsoft&#39;s vice president for investor relations, told Reuters that 6 percentage points of Azure&#39;s growth rate in the second quarter was attributable to AI. That is double the 3 percentage points in the first quarter.</p><p>Sales at Microsoft&#39;s More Personal Computing segment, which includes its Windows operating system and gaming business, grew 19% to $16.9 billion, powered in part by the close of its $69 billion purchase of &#34;Call of Duty&#34; maker Activision Blizzard. Analysts had expected $16.8 billion.</p><p>Microsoft&#39;s Productivity and Business Process segment, which contains the LinkedIn social network in addition to Office sales, reported that sales rose 13% to $19.2 billion, just beating estimates.</p><h2 id=\"id_1373872898\" style=\"text-align: start;\">AI-POWERED SURGE</h2><p>While analysts have said that any meaningful gains from AI may not come before next year, investors have rewarded the company&#39;s push into AI and strategic partnership with Silicon Valley startup and ChatGPT creator OpenAI.</p><p>In November, Microsoft started selling Copilot, an AI assistant that can summarize an email inbox or craft a slide show, for $30 per month, which analysts say is a premium price.</p><p>Early sales of the product showed up in the firm&#39;s commercial sales of Office software, where revenue grew 17%, compared with analyst expectations of commercial Office sales growth of 14.2%, according to data from Visible Alpha. Microsoft does not provide an absolute dollar figure for the sales.</p><p>Iversen said on Tuesday that Office&#39;s commercial offerings, where Copilot is being sold, now stand at 400 million paid seats, up from 382 million in April 2023.</p><p>The company&#39;s capital expenditures grew by $300 million from the previous quarter to $11.5 billion, putting the company on track to spend more than $46 billion this fiscal year.</p><p>&#34;That&#39;s a sign of the customer demand that we&#39;re seeing,&#34; Iversen said.</p><p>Microsoft&#39;s stock surge has helped it topple Apple (AAPL.O), opens new tab as the world&#39;s most valuable listed company in the past few trading sessions. That was undented by a power struggle within OpenAI that highlighted the software giant&#39;s lack of direct control over its important partner. Microsoft also faces some legal and regulatory challenges.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Beats Q2 Revenue Estimates on Cloud Strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Beats Q2 Revenue Estimates on Cloud Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-01-31 06:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>【<a href=\"https://ttm.financial/m/live/1789033379427385/?name=RNLive&amp;rndata=%7B%22liveId%22%3A%221789033379427385%22%2C%22type%22%3A1%7D\" title=\"Microsoft FY2024 Q2 Earnings Conference Call\" target=\"_blank\">Microsoft FY2024 Q2 Earnings Conference Call</a>】</p><p>Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.</p><p>Microsoft shares fell 2.4 per cent in after-hours trading. They climbed 57 per cent last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24 per cent surge in the S&amp;P 500 in 2023.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae45b2c810783e7424c7c3343927cb37\" title=\"\" tg-width=\"811\" tg-height=\"827\"/></p><p>&#34;We&#39;ve moved from talking about AI to applying AI at scale,&#34; CEO Satya Nadella said in a statement. &#34;By infusing AI across every layer of our tech stack, we&#39;re winning new customers and helping drive new benefits and productivity gains across every sector.&#34;</p><p>Investors are watching Microsoft&#39;s Azure and Office revenues closely to see what kind of sales flow come from the tens of billions of dollars the company plans to pour into data centers this year to deliver generative AI.</p><p>Total revenue grew 18% to $62 billion in the quarter ended Dec. 31, compared with the average analyst estimate of $61.12 billion, according to LSEG data. Adjusted profit of $2.93 per share beat an average estimate of $2.78 per share.</p><p>Revenue at Microsoft&#39;s Intelligent Cloud unit, which houses the Azure cloud computing platform, grew 20% to $25.9 billion. Sales of Azure, for which Microsoft does not disclose a dollar figure, grew 30% - its best growth rate in four quarters - compared with a 27.7% consensus estimate from Visible Alpha, and outstripping a 25.7% growth in Google Cloud.</p><p>Brett Iversen, Microsoft&#39;s vice president for investor relations, told Reuters that 6 percentage points of Azure&#39;s growth rate in the second quarter was attributable to AI. That is double the 3 percentage points in the first quarter.</p><p>Sales at Microsoft&#39;s More Personal Computing segment, which includes its Windows operating system and gaming business, grew 19% to $16.9 billion, powered in part by the close of its $69 billion purchase of &#34;Call of Duty&#34; maker Activision Blizzard. Analysts had expected $16.8 billion.</p><p>Microsoft&#39;s Productivity and Business Process segment, which contains the LinkedIn social network in addition to Office sales, reported that sales rose 13% to $19.2 billion, just beating estimates.</p><h2 id=\"id_1373872898\" style=\"text-align: start;\">AI-POWERED SURGE</h2><p>While analysts have said that any meaningful gains from AI may not come before next year, investors have rewarded the company&#39;s push into AI and strategic partnership with Silicon Valley startup and ChatGPT creator OpenAI.</p><p>In November, Microsoft started selling Copilot, an AI assistant that can summarize an email inbox or craft a slide show, for $30 per month, which analysts say is a premium price.</p><p>Early sales of the product showed up in the firm&#39;s commercial sales of Office software, where revenue grew 17%, compared with analyst expectations of commercial Office sales growth of 14.2%, according to data from Visible Alpha. Microsoft does not provide an absolute dollar figure for the sales.</p><p>Iversen said on Tuesday that Office&#39;s commercial offerings, where Copilot is being sold, now stand at 400 million paid seats, up from 382 million in April 2023.</p><p>The company&#39;s capital expenditures grew by $300 million from the previous quarter to $11.5 billion, putting the company on track to spend more than $46 billion this fiscal year.</p><p>&#34;That&#39;s a sign of the customer demand that we&#39;re seeing,&#34; Iversen said.</p><p>Microsoft&#39;s stock surge has helped it topple Apple (AAPL.O), opens new tab as the world&#39;s most valuable listed company in the past few trading sessions. That was undented by a power struggle within OpenAI that highlighted the software giant&#39;s lack of direct control over its important partner. Microsoft also faces some legal and regulatory challenges.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.channelnewsasia.com/business/microsoft-beats-q2-revenue-estimates-cloud-strength-4086751","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2407316359","content_text":"【Microsoft FY2024 Q2 Earnings Conference Call】Microsoft Corp beat Wall Street estimates for fiscal second-quarter revenue on Tuesday, as new AI features helped attract customers to its cloud and Windows services.Microsoft shares fell 2.4 per cent in after-hours trading. They climbed 57 per cent last year. Along with a rally in other tech stocks, including Alphabet and Nvidia, Microsoft helped fuel a 24 per cent surge in the S&P 500 in 2023.\"We've moved from talking about AI to applying AI at scale,\" CEO Satya Nadella said in a statement. \"By infusing AI across every layer of our tech stack, we're winning new customers and helping drive new benefits and productivity gains across every sector.\"Investors are watching Microsoft's Azure and Office revenues closely to see what kind of sales flow come from the tens of billions of dollars the company plans to pour into data centers this year to deliver generative AI.Total revenue grew 18% to $62 billion in the quarter ended Dec. 31, compared with the average analyst estimate of $61.12 billion, according to LSEG data. Adjusted profit of $2.93 per share beat an average estimate of $2.78 per share.Revenue at Microsoft's Intelligent Cloud unit, which houses the Azure cloud computing platform, grew 20% to $25.9 billion. Sales of Azure, for which Microsoft does not disclose a dollar figure, grew 30% - its best growth rate in four quarters - compared with a 27.7% consensus estimate from Visible Alpha, and outstripping a 25.7% growth in Google Cloud.Brett Iversen, Microsoft's vice president for investor relations, told Reuters that 6 percentage points of Azure's growth rate in the second quarter was attributable to AI. That is double the 3 percentage points in the first quarter.Sales at Microsoft's More Personal Computing segment, which includes its Windows operating system and gaming business, grew 19% to $16.9 billion, powered in part by the close of its $69 billion purchase of \"Call of Duty\" maker Activision Blizzard. Analysts had expected $16.8 billion.Microsoft's Productivity and Business Process segment, which contains the LinkedIn social network in addition to Office sales, reported that sales rose 13% to $19.2 billion, just beating estimates.AI-POWERED SURGEWhile analysts have said that any meaningful gains from AI may not come before next year, investors have rewarded the company's push into AI and strategic partnership with Silicon Valley startup and ChatGPT creator OpenAI.In November, Microsoft started selling Copilot, an AI assistant that can summarize an email inbox or craft a slide show, for $30 per month, which analysts say is a premium price.Early sales of the product showed up in the firm's commercial sales of Office software, where revenue grew 17%, compared with analyst expectations of commercial Office sales growth of 14.2%, according to data from Visible Alpha. Microsoft does not provide an absolute dollar figure for the sales.Iversen said on Tuesday that Office's commercial offerings, where Copilot is being sold, now stand at 400 million paid seats, up from 382 million in April 2023.The company's capital expenditures grew by $300 million from the previous quarter to $11.5 billion, putting the company on track to spend more than $46 billion this fiscal year.\"That's a sign of the customer demand that we're seeing,\" Iversen said.Microsoft's stock surge has helped it topple Apple (AAPL.O), opens new tab as the world's most valuable listed company in the past few trading sessions. That was undented by a power struggle within OpenAI that highlighted the software giant's lack of direct control over its important partner. Microsoft also faces some legal and regulatory challenges.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}