(RTTNews) - Illinois Tool Works Inc. (ITW), a manufacturer of engineered industrial products and equipment, on Thursday reported higher net income in the first quarter of 2026 compared with the previous year.
(RTTNews) - Illinois Tool Works Inc. (ITW), a manufacturer of engineered industrial products and equipment, on Thursday reported higher net income in the first quarter of 2026 compared with the previous year.
lcva2/iStock Editorial via Getty Images Introduction Microsoft Corporation ( MSFT ) just delivered a relatively strong quarter in my opinion, and I want to take the opportunity to dive into the actual dynamics as the market seems not to be realizing the opportunity behind this quarterly print. Quarterly Earnings Review Microsoft delivered a clean financial beat with revenue reaching $82.89B, a sta...
lcva2/iStock Editorial via Getty Images Introduction Microsoft Corporation ( MSFT ) just delivered a relatively strong quarter in my opinion, and I want to take the opportunity to dive into the actual dynamics as the market seems not to be realizing the opportunity behind this quarterly print. Quarterly Earnings Review Microsoft delivered a clean financial beat with revenue reaching $82.89B, a staggering 18.3% Y/Y improvement and a beat of $1.46B. On the bottom line, Q3 GAAP EPS reached $4.27, a beat of 22 cents. This was largely thanks to the still unprecedented growth rate of Azure , reaching 40%, which is simply staggering considering the size of the business. This expansion is set to continue as Microsoft’s remaining performance obligation, or RPO, surged 99% to a staggering $627B. This doubling of the contracted revenue backlog provides tremendous visibility into future cloud demand, even as the market grapples with the capital costs required to service that demand. Diving deeper on Azure, on the Intelligent Cloud side, that is serving as the primary engine for AI-driven growth, reported revenue surged by 30% to reach $34.7B. That’s what helped deliver the 40% in constant-currency growth rate, an acceleration over the previous fiscal quarter at 31%, which was already massive. This suggests that the capacity constraints hindering growth in previous periods are being met with great supply ingestion. Though one thing to worry about would be the increase in the cost of revenue in the segment, which surged by 47% Y/Y, mainly thanks to the depreciation of AI infrastructure, highlighting the immediate margin impact of the capital build-out. In the productivity and business process segment, revenue also impressively increased by 17% Y/Y to reach $35B. The Microsoft 365 commercial cloud revenue grew by 19%, indicating a solid demand in the core enterprise suite that continues to baffle analysts like myself. More so, the Microsoft 365 Consumer cloud revenue was a clear s...
lcva2/iStock Editorial via Getty Images Introduction Microsoft Corporation ( MSFT ) just delivered a relatively strong quarter in my opinion, and I want to take the opportunity to dive into the actual dynamics as the market seems not to be realizing the opportunity behind this quarterly print. Quarterly Earnings Review Microsoft delivered a clean financial beat with revenue reaching $82.89B, a sta...
lcva2/iStock Editorial via Getty Images Introduction Microsoft Corporation ( MSFT ) just delivered a relatively strong quarter in my opinion, and I want to take the opportunity to dive into the actual dynamics as the market seems not to be realizing the opportunity behind this quarterly print. Quarterly Earnings Review Microsoft delivered a clean financial beat with revenue reaching $82.89B, a staggering 18.3% Y/Y improvement and a beat of $1.46B. On the bottom line, Q3 GAAP EPS reached $4.27, a beat of 22 cents. This was largely thanks to the still unprecedented growth rate of Azure , reaching 40%, which is simply staggering considering the size of the business. This expansion is set to continue as Microsoft’s remaining performance obligation, or RPO, surged 99% to a staggering $627B. This doubling of the contracted revenue backlog provides tremendous visibility into future cloud demand, even as the market grapples with the capital costs required to service that demand. Diving deeper on Azure, on the Intelligent Cloud side, that is serving as the primary engine for AI-driven growth, reported revenue surged by 30% to reach $34.7B. That’s what helped deliver the 40% in constant-currency growth rate, an acceleration over the previous fiscal quarter at 31%, which was already massive. This suggests that the capacity constraints hindering growth in previous periods are being met with great supply ingestion. Though one thing to worry about would be the increase in the cost of revenue in the segment, which surged by 47% Y/Y, mainly thanks to the depreciation of AI infrastructure, highlighting the immediate margin impact of the capital build-out. In the productivity and business process segment, revenue also impressively increased by 17% Y/Y to reach $35B. The Microsoft 365 commercial cloud revenue grew by 19%, indicating a solid demand in the core enterprise suite that continues to baffle analysts like myself. More so, the Microsoft 365 Consumer cloud revenue was a clear s...
Shares of Meta Platforms (NASDAQ:META) are down roughly 8% to $614 in early trading on Thursday, April 30, after the social media giant paired a Q1 FY2026 earnings beat with a much bigger capital expenditure (CapEx) commitment for the year. The stock closed Wednesday at $669.12 and is indicated near $606.55 ahead of the open. ... Meta Tumbles 8% on $145 Billion CapEx Bombshell: Are AI Investments ...
Shares of Meta Platforms (NASDAQ:META) are down roughly 8% to $614 in early trading on Thursday, April 30, after the social media giant paired a Q1 FY2026 earnings beat with a much bigger capital expenditure (CapEx) commitment for the year. The stock closed Wednesday at $669.12 and is indicated near $606.55 ahead of the open. ... Meta Tumbles 8% on $145 Billion CapEx Bombshell: Are AI Investments Spiraling Out of Control?
The European Union announced plans to revamp its merger rules, lifting some of the barriers to creating big local firms capable of competing with US and Chinese giants. In its first major overhaul to M&A policy in two decades, the bloc’s executive arm said “the global geopolitical and trade context has changed” and “industrial scale and global competitiveness have become increasingly important.” T...
The European Union announced plans to revamp its merger rules, lifting some of the barriers to creating big local firms capable of competing with US and Chinese giants. In its first major overhaul to M&A policy in two decades, the bloc’s executive arm said “the global geopolitical and trade context has changed” and “industrial scale and global competitiveness have become increasingly important.” The EU’s proposed new approach underlines a shift in thinking as the invasion of Ukraine and the Iran provokes tough questions about the bloc’s strategic autonomy and its ability to create the wealth for growing defense and welfare bills. Brussels has a history of blocking deals between Europe’s biggest companies such as a tie up of rail assets between Germany ’s Siemens AG and France ’s Alstom SA , which some argue has hampered competition with foreign rivals. Thursday’s announcement nods to a 2024 report by former European Central Bank president Mario Draghi , which set out a blueprint for reforms, including changes to dealmaking rules long criticized as a barrier to the creation of powerful local players in industries such as telecommunications. “This is an ambitious approach to our competition policy - so we can meet the realities of the fiercely competitive global economy and boost our competitiveness,” European Commission President Ursula von der Leyen said in a statement. EU antitrust chief Teresa Ribera cautioned however that Thursday’s guidelines do not signal a merger free-for-all, noting that the purpose of the new approach remains the same, “protecting strong, competitive markets without allowing an accumulation of power that can be abused.” As part of the fresh guidelines, the commission — the lead merger authority in the 27-nation EU — will give companies the chance to make the case for their planned buyouts by citing efficiency benefits that cover innovation, sustainability and resilience. That would allow firms to tout the advantages of their deals ahead of ...
hapabapa/iStock Editorial via Getty Images Thesis Amazon.com , Inc. ( AMZN ) needs little introduction. It remains the dominant force in e-commerce, while Amazon Web Services continues to drive its cloud business. When I last upgraded AMZN a Strong Buy, it looked pretty clear to me that the market was underestimating how quickly AWS could turn the AI boom into lasting cash flow. Seeking Alpha That...
hapabapa/iStock Editorial via Getty Images Thesis Amazon.com , Inc. ( AMZN ) needs little introduction. It remains the dominant force in e-commerce, while Amazon Web Services continues to drive its cloud business. When I last upgraded AMZN a Strong Buy, it looked pretty clear to me that the market was underestimating how quickly AWS could turn the AI boom into lasting cash flow. Seeking Alpha That call has played out well. Since my last note, AMZN has climbed roughly 30%, handily ahead of the S&P 500's ( SP500 ) gain, as investors started to price in the scale of its AI infrastructure buildout and the earnings power tied to it. After digging through Amazon’s latest earnings and going back through the thesis, I’m still bullish. Just not quite as bullish as I was before. The long-term setup still looks strong, and I think the opportunity is still there. But now that the stock has moved up and the business is spending more capital faster than that cash is coming back, the bar is higher here. Is Amazon’s Biggest Opportunity Still Ahead? AWS revenue : $37.6B; +28% Y/Y AWS annualized revenue run rate: $150B AWS AI revenue run rate: $15B+ Bedrock customer spend growth: +170% Q/Q AWS backlog: $364B AWS (Amazon's cloud business) is experiencing its fastest growth in almost four years due to two distinct factors. First, companies are finally migrating their software and data to the cloud after long delays. During COVID, many companies purchased excess server and computing power; therefore, they pulled from existing capacity instead of making additional purchases. That backlog has finally cleared, and companies are beginning to spend again. Second, AI is driving real incremental demand. Running these systems takes enormous computing power, and that is opening up a new spending category on top of standard cloud workloads. According to Amazon, once a customer begins to use AWS for AI workloads, they tend to utilize additional AWS services. If that is indeed true, it could create...
Sabra Health Care ( SBRA ) declares $0.30/share quarterly dividend , in line with previous. Forward yield 5.9% Payable May 29; for shareholders of record May 15; ex-div May 15. See SBRA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Sabra Health Care Sabra Health Care: Leveraging SHOP To Capture Silver Tsunami Tailwinds Sabra Health Care REIT, Inc. 2025 Q4 - Results - Earnings Call Pr...
Sabra Health Care ( SBRA ) declares $0.30/share quarterly dividend , in line with previous. Forward yield 5.9% Payable May 29; for shareholders of record May 15; ex-div May 15. See SBRA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Sabra Health Care Sabra Health Care: Leveraging SHOP To Capture Silver Tsunami Tailwinds Sabra Health Care REIT, Inc. 2025 Q4 - Results - Earnings Call Presentation Sabra Health Care REIT, Inc. (SBRA) Q4 2025 Earnings Call Transcript Sabra outlines 4.9% to 5.4% FFO growth for 2026 while accelerating SHOP investments Sabra Health Care FFO of $0.36 misses by $0.01, revenue of $211.9M beats by $9.93M
Freddie Mac press release ( FMCC ): Q1 GAAP EPS of $0.01. Revenue of $6.13B (+4.8% Y/Y) beats by $710M . More on Freddie Mac Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2025 Update Federal Home Loan Mortgage Corporation (FMCC) Q4 2025 Earnings Call Prepared Remarks Transcript Freddie Mac to begin accepting mortgage loans assessed through VantageScore 4.0 Michael Burry pushes back on ...
Freddie Mac press release ( FMCC ): Q1 GAAP EPS of $0.01. Revenue of $6.13B (+4.8% Y/Y) beats by $710M . More on Freddie Mac Tracking Bill Ackman's Pershing Square 13F Portfolio - Q4 2025 Update Federal Home Loan Mortgage Corporation (FMCC) Q4 2025 Earnings Call Prepared Remarks Transcript Freddie Mac to begin accepting mortgage loans assessed through VantageScore 4.0 Michael Burry pushes back on housing shortage narrative, calls for GSE reform Seeking Alpha’s Quant Rating on Freddie Mac