Nvidia (NASDAQ:NVDA) has been making so many deals and investments that it’s getting harder to keep up. Whether you’re a bull or a bear over every new AI-related deal that Nvidia and Jensen Huang strike, the moves don’t seem to be as much of a mover of the stock anymore. In many ways, it seems ... Why NVIDIA’s Thinking Machines Investment Might Be its Most Exciting Deal of the Year
Nvidia (NASDAQ:NVDA) has been making so many deals and investments that it’s getting harder to keep up. Whether you’re a bull or a bear over every new AI-related deal that Nvidia and Jensen Huang strike, the moves don’t seem to be as much of a mover of the stock anymore. In many ways, it seems ... Why NVIDIA’s Thinking Machines Investment Might Be its Most Exciting Deal of the Year
This article first appeared on GuruFocus. Micron (NASDAQ:MU) is going into earnings with options markets bracing for a big move, and if anything, leaning slightly to the upside. The numbers tell the story. The stock closed at $461.69 and has already moved closer to $473 premarket, while options are pricing in an 8% to 9% swing by the end of the week. That puts the expected range roughly between $4...
This article first appeared on GuruFocus. Micron (NASDAQ:MU) is going into earnings with options markets bracing for a big move, and if anything, leaning slightly to the upside. The numbers tell the story. The stock closed at $461.69 and has already moved closer to $473 premarket, while options are pricing in an 8% to 9% swing by the end of the week. That puts the expected range roughly between $430 and $510. This comes from at the money straddles around the $470 strike, where combined premiums are near $41, essentially reflecting how much movement traders are expecting right after earnings. What stands out is where traders are placing their bets. The $500 call is the most active strike, with over 16K contracts traded and close to 13K in open interest. For that to pay off, Micron would need to push above about $507, which is another meaningful move from already elevated levels. There is also steady buildup across $430, $450, and $460 calls, suggesting this is not just a one day trade but a broader bullish positioning. There is activity on the downside too, but it looks more like protection than conviction. The pricing also leans that way, with puts costing more than equivalent upside calls. The setup is pretty clear. The market is optimistic, but not blindly so. that means Micron likely needs more than just a solid quarter. It may come down to guidance and whether the AI memory story still has room to surprise.
This article first appeared on GuruFocus. Meta (META, Financials) failed to prevent more than 1,000 illegal financial advertisements from appearing on its platforms in Britain during a one-week period, according to a review by the country's Financial Conduct Authority. The regulator found 1,052 adverts for high-risk financial products, such as foreign currency trading and contracts for difference,...
This article first appeared on GuruFocus. Meta (META, Financials) failed to prevent more than 1,000 illegal financial advertisements from appearing on its platforms in Britain during a one-week period, according to a review by the country's Financial Conduct Authority. The regulator found 1,052 adverts for high-risk financial products, such as foreign currency trading and contracts for difference, that were posted by advertisers who weren't allowed to do business in the UK. More than half of the advertisements came from companies that Meta has already identified. The results show that it is still hard to stop scams and fake financial ads on social media. Regulators have said that more and more fraud is happening online, and a lot of it is happening on Meta's platforms. Meta noted that it takes action on most of the reported frauds within days and is always working to make its enforcement mechanisms better. The study, on the other hand, says that there hasn't been much progress even though the company is still working with authorities. The problem is made worse by the fact that UK regulators don't have the capacity to punish platforms for sponsored scam ads right now. It is not likely that stronger rules will go into force until at least 2027. Regulatory reforms and possible policy changes that affect online financial advertising rules will be the next big thing.
spawns Oil ( CL1:COM ), ( CO1:COM ) is fundamentally mispriced at $100 per barrel as paper markets—derivatives such as futures, options, and swaps—have become entirely disconnected from physical market realities, according to Jeff Currie, chief strategy officer at Carlyle Energy Pathways. In an interview with Bloomberg Television, Currie pointed to crude delivered into Asia trading between $130 an...
spawns Oil ( CL1:COM ), ( CO1:COM ) is fundamentally mispriced at $100 per barrel as paper markets—derivatives such as futures, options, and swaps—have become entirely disconnected from physical market realities, according to Jeff Currie, chief strategy officer at Carlyle Energy Pathways. In an interview with Bloomberg Television, Currie pointed to crude delivered into Asia trading between $130 and $170 per barrel, while Oman crude recently spiked to $173—all while futures markets hover around $100. “The paper markets, they’ve entirely disconnected from the physical markets,” Currie said, noting that product prices are spiraling above $200 per barrel in some regions. He described the situation as “molecular contagion,” with physical shortages spreading from Singapore to Rotterdam, and now reaching Thailand, the Philippines, New Zealand, and Australia. The strategist emphasized that no policy fix exists for these physical constraints. “I think the title of that piece says it all, you can’t print molecules,” Currie said, underscoring that financialization and the ability to print money simply do not apply to physical supply chains. A key factor driving the current market dynamics is the rally in Russian Urals crude, which rose $65 to $70 per barrel after sanctions were adjusted. Currie explained that this closed the price gap between Russian crude—previously the cheap barrel—and higher-cost WTI ( CL1:COM ) and Brent ( CO1:COM ), eliminating spare capacity from the global system. Currie compared the current supply disruption to the demand shock experienced during the COVID-19 pandemic. “The supply shock is almost equal to the demand shock during COVID, and we know what that did to global supply chains,” he said, describing the situation as a regime change toward physical assets. With jet fuel prices spiking to $230 per barrel in Singapore and $220 in Rotterdam, and no spare barrels remaining in the system, Currie concluded that the $100 price point represents a fundame...
Sviatlana Zyhmantovich A fund that acquires consumer and small business loans made by companies including Block ( XYZ ) and Affirm Holdings ( AFRM ) is experiencing a wave of redemption requests, according to a media report on Wednesday. Stone Ridge Asset Management told clients invested in the fund that recent redemption requests rose so high that it would only redeem 11% of the amount they wante...
Sviatlana Zyhmantovich A fund that acquires consumer and small business loans made by companies including Block ( XYZ ) and Affirm Holdings ( AFRM ) is experiencing a wave of redemption requests, according to a media report on Wednesday. Stone Ridge Asset Management told clients invested in the fund that recent redemption requests rose so high that it would only redeem 11% of the amount they wanted back, the Wall Street Journal reported, citing an investor update it viewed. That indicates that investors' fears about private credit are broadening beyond the software sector that has been under pressure in recent weeks. The fund, known as LENDX, buys whole loans and securities backed by loans made by fintech lenders. Those include buy now, pay later loans from Affirm ( AFRM ), personal loans from Upstart ( UPST ) and LendingClub ( LC ), and loans that companies like Stripe ( STRIP ) and Block ( XYZ ) make to merchants using their payment platforms. As an interval fund, LENDX is required to repurchase at least 5% of shares outstanding each quarter. Because the fund isn't publicly traded, investors must submit redemption requests if they want to close out their investment. The latest redemption request window closed on March 6, the WSJ said. The firm didn't say how many redemption requests were made. LENDX owned $2.4B of total assets at the end of November and $1.6B of net assets. More on Affirm, Block, etc. Affirm Holdings, Inc. (AFRM) Discusses Consumer Demand, Credit Trends and Macroeconomic Risks Transcript Affirm's Push Into BNPL For Rent Strikes Me As A Bad Idea In This Economy Affirm's Bottom Is Here - Robust Acquisition Trends At Higher Margins Block trades higher as Truist, Rothschild upgrade stock Upstart inks $1B forward-flow deal with Eltura, Aperture Investors
President Donald Trump said he’s “thrilled” the Federal Communications Commission Chairman Brendan Carr warned broadcasters to “course correct” on news coverage or risk losing their licenses, slamming media outlets for their portrayal of the Iran war. “I am so thrilled to see Brendan Carr, the Chairman of the Federal Communications Commission (FCC), looking at the licenses of some of these Corrupt...
President Donald Trump said he’s “thrilled” the Federal Communications Commission Chairman Brendan Carr warned broadcasters to “course correct” on news coverage or risk losing their licenses, slamming media outlets for their portrayal of the Iran war. “I am so thrilled to see Brendan Carr, the Chairman of the Federal Communications Commission (FCC), looking at the licenses of some of these Corrupt and Highly Unpatriotic “News” Organizations,” Trump wrote in a social media post Sunday, accusing media outlets of misrepresenting the latest developments of the war and spreading what he called Iranian disinformation. Bloomberg's Kelcee Griffis discusses her reporting. (Source: Bloomberg)
A veteran value‑style investor digs into quantum‑computing stocks trading at 80 to 100x revenue, spotlighting cash burn, dilution risk from stock‑funded deals, and the "too hard" pile. Watch the video below to see why caution may be warranted. *This video was published on March 9, 2026. Continue reading
A veteran value‑style investor digs into quantum‑computing stocks trading at 80 to 100x revenue, spotlighting cash burn, dilution risk from stock‑funded deals, and the "too hard" pile. Watch the video below to see why caution may be warranted. *This video was published on March 9, 2026. Continue reading
The S&P 500 Index ($SPX) (SPY) today is down -0.55%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.50%. March E-mini S&P futures (ESH26) are down -0.48%, and March E-mini Nasdaq futures (NQH26) are down -0.40%. Stocks are under pressure today after US Feb producer prices rose more than expected, a sign of sticky price pressures. St...
The S&P 500 Index ($SPX) (SPY) today is down -0.55%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.82%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.50%. March E-mini S&P futures (ESH26) are down -0.48%, and March E-mini Nasdaq futures (NQH26) are down -0.40%. Stocks are under pressure today after US Feb producer prices rose more than expected, a sign of sticky price pressures. Stocks added to their losses today after WTI crude oil prices (CLJ26) whipsawed higher by more than +2% after initially being down more than -2% on signs of escalation of the Iran war after Iran said it will target energy infrastructure in Saudi Arabia, Qatar, and the UAE in retaliation for US and Israeli airstrikes on its South Pars gas field and its Asaluyeh oil industry facilities. Join 200K+ Subscribers: Stock index futures initially moved higher today after crude oil prices fell more than -2% when Iraq said it will resume crude exports through a pipeline that links Kurdistan to Turkey’s Mediterranean port of Ceyhan, bypassing the Strait of Hormuz. Also, the US dropped 5,000-pound bunker-buster bombs on Iranian missile sites near the Strait of Hormuz. The war against Iran entered its nineteenth day today with no signs of easing as Iran stepped up attacks on its Middle Eastern neighbors in retaliation for the killing of its security chief, Ali Larijani, in an Israeli strike. Iran today launched fresh waves of missiles and drone attacks, targeting the United Arab Emirates, Saudi Arabia, Kuwait, and Israel. Crude oil prices remain high despite attempts to boost global supplies. The IEA last Wednesday released 400 million barrels from emergency oil stockpiles and said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in t...
AMD claims it had no knowledge of fake Ryzen 5 7430U CPUs in Chuwi laptops — Chinese vendor announces recall of products and refunds, PCB manufacturer could be culprit Tom's Hardware
AMD claims it had no knowledge of fake Ryzen 5 7430U CPUs in Chuwi laptops — Chinese vendor announces recall of products and refunds, PCB manufacturer could be culprit Tom's Hardware
Dmitry Presnyakov Geely Automobile ( GELYF ) ( GELHY ) is actively positioning itself to enter the Canadian market as part of a broader wave of Chinese electric vehicle makers preparing launches by the end of this year. The Chinese automaker is now explicitly laying the groundwork to enter the Canadian auto market, with its CEO saying Geely‑branded vehicles are awaiting Canadian certification afte...
Dmitry Presnyakov Geely Automobile ( GELYF ) ( GELHY ) is actively positioning itself to enter the Canadian market as part of a broader wave of Chinese electric vehicle makers preparing launches by the end of this year. The Chinese automaker is now explicitly laying the groundwork to enter the Canadian auto market, with its CEO saying Geely‑branded vehicles are awaiting Canadian certification after Ottawa’s new trade deal opened the door to Chinese electric vehicles. Geely expects to receive approval from Canadian regulators shortly to sell its branded models, according to CEO Andy An. The major impetus behind the plan is the China‑Canada trade agreement that slashed tariffs on Chinese EVs to 6.1% from 100% for a quota of 49K vehicles per year. The quote will rise to 70K by 2030, provided a substantial portion are lower‑priced mass‑market cars. Geely ( GELYF ) ( GELHY ) is moving in tandem with fellow Chinese automakers BYD ( BYDDF ) ( BYDDY ) and Chery, which are also pursuing certification and dealer agreements to tap into Canadian demand for lower-cost EVs. Analysts note that Canadian public opinion is increasingly open to Chinese EVs on price grounds, while Ottawa’s quota and local production incentives are designed to balance consumer benefits with pressure on firms like Geely to invest in Canadian manufacturing and technology partnerships over the medium term. Canadian officials frame the deal as part of a broader industrial strategy to attract EV investment and joint ventures, with auto‑parts suppliers like Magna ( MGA ), Linamar ( LIMAF ), and Martinrea ( MRETF ) seen as potential partners for Chinese manufacturers, including Geely. Of course, the move could also increase Chinese EV makers presence in North America even further after rapid advances in Mexico, which could pressure General Motors ( GM ), Ford ( F ), and Tesla ( TSLA ). Automobile industry analysts have warned that shifting U.S. policies could lead to more trade deals across North America and C...
The S&P 500 has started to fall since oil prices have started to soar, which means that there might be some great bargains on the horizon. Not all stocks are down this year, though. At the time of this writing, Sandisk (SNDK +3.38%) stock continues to skyrocket, up 179% in 2026, and CoreWeave (CRWV +1.29%) is up a more temperate 13%. Here's why both of these stocks could go parabolic. 1. CoreWeave...
The S&P 500 has started to fall since oil prices have started to soar, which means that there might be some great bargains on the horizon. Not all stocks are down this year, though. At the time of this writing, Sandisk (SNDK +3.38%) stock continues to skyrocket, up 179% in 2026, and CoreWeave (CRWV +1.29%) is up a more temperate 13%. Here's why both of these stocks could go parabolic. 1. CoreWeave CoreWeave provides an artificial intelligence (AI) infrastructure platform for hyperscalers and developers. It offers high power and competitive pricing, and as AI demand increases across the board, revenue has been skyrocketing. It's increased 300% from the time CoreWeave went public just over a year ago. Since AI development is still in its infancy, CoreWeave has a long growth runway, and it's investing in its business to capture the opportunity. It has 43 data centers today, including 11 in the U.S. and Europe that it opened in 2025. Since its work is contract-based, the company has locked in committed revenue sources for the coming years. However, it continues to build new data centers and position itself to benefit from the AI explosion. Expand NASDAQ : CRWV CoreWeave Today's Change ( 1.29 %) $ 1.06 Current Price $ 83.18 Key Data Points Market Cap $43B Day's Range $ 80.04 - $ 84.76 52wk Range $ 33.52 - $ 187.00 Volume 358K Avg Vol 26M Gross Margin 47.77 % It has achieved this attention because of its partnership with Nvidia. Nvidia has been a major investor in CoreWeave, which is one of the company's main customers for its graphics processing units (GPUs). Nvidia strengthened the relationship in January with the announcement of a new $2 billion investment in the company. There's a fair amount of risk in investing in CoreWeave stock today, since it isn't profitable and has a huge debt load. However, it trades at a surprisingly reasonable price of 6.7 times trailing 12-month sales, and it has incredible potential. 2. Sandisk Sandisk also went public just over a year ago...
Growth stocks tend to experience major declines during a market downturn. This was especially evident in 2022, when the Nasdaq Composite index plunged 33% as companies faced an economic downturn. The Nasdaq is known for its wealth of tech stocks, an industry driven by innovation with a reputation for long-term growth. As a result, many of the world's most valuable companies saw their share prices ...
Growth stocks tend to experience major declines during a market downturn. This was especially evident in 2022, when the Nasdaq Composite index plunged 33% as companies faced an economic downturn. The Nasdaq is known for its wealth of tech stocks, an industry driven by innovation with a reputation for long-term growth. As a result, many of the world's most valuable companies saw their share prices fall during the year. However, the same index has climbed 68% since Jan. 1, 2023, proving tech's ability to recover and surge if just held long enough. Recent shifts in the industry and macroeconomic concerns have once again hit growth stocks and caused the Nasdaq to dip over the last month. Consequently, now could be an excellent time to expand your portfolio with companies that could see big gains over the next decade. So, here are two growth stocks that could go parabolic. 1. Intel You might be surprised to see Intel (NASDAQ: INTC) on this list. The company has arguably lost its reputation as a growth stock over the last decade, with its stock down about 40%. However, despite recent declines, Intel's stock has climbed 79,000% since it went public in 1971. Meanwhile, the past year has seen Intel carry out major restructuring moves that could make the next decade one of growth. This August, Intel caught a lot of heat after releasing its second-quarter earnings. Revenue fell 1% year over year and missed Wall Street estimates by $150 million. Earnings came alongside news that the company would halt its fourth-quarter dividend and lay off 15% of its workforce, which didn't sit well with investors. However, after a decade of declines, Intel's drastic and even expensive moves are necessary to turn things around. Cost-cutting measures align with the company's plan to ramp up its foundry expansion by opening chip plants throughout the U.S., a move that requires major investment. The company is currently in the processing constructing its first of at least four chip factories, wit...
Several software stocks have plunged since late 2024 on concerns about bloated valuations and fears of AI disruption. While The Trade Desk (TTD 5.15%) isn't ostensibly threatened by AI, it has fallen further than almost any other stocks during that time period, now down 82% from its peak in Dec. 2024. The leading independent demand-side adtech platform (DSP) has been plagued by slowing growth, sti...
Several software stocks have plunged since late 2024 on concerns about bloated valuations and fears of AI disruption. While The Trade Desk (TTD 5.15%) isn't ostensibly threatened by AI, it has fallen further than almost any other stocks during that time period, now down 82% from its peak in Dec. 2024. The leading independent demand-side adtech platform (DSP) has been plagued by slowing growth, stiffer competition, primarily from Amazon, and the strength of "walled gardens" like Alphabet, Meta Platforms, and Apple, making it difficult for it to grab market share. Management has mostly denied the competitive threat it's facing on its earnings calls and insisted that The Trade Desk's open platform is the best way to buy digital ads, but the stock price says otherwise. CEO Jeff Green has bought shares recently, attempting to instill confidence in the stock, but that hasn't been enough to give it a long-term boost. Now, The Trade Desk is facing an alarming series of customer defections that seem to underscore deeper problems with the business. Is The Trade Desk bilking customers? Last month, AdWeek reported that Dentsu and WPP, two of the world's biggest ad agencies, were leaving The Trade Desk's Open Path supply optimization product over "hidden fees and transparency." OpenPath is one of The Trade Desk's most important new products and was supposed to make it more competitive with Google. CEO Jeff Green even promised that its growth would accelerate in 2025 like an S-curve. Instead, the opposite seems to be happening as those top ad agencies are saying that it's unclear where their ads are running, and they're also paying hidden fees on the platform. On Tuesday, the stock plunged on a report in AdAge that Publicis, another giant ad agency, is telling clients not to use The Trade Desk as a DSP for digital media ad buying after an audit found several failures on The Trade Desk's behalf, including that The Trade Desk was overcharging its clients, assessing its DSP fees to ...
This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS) is doubling down on its AI ambitions, pricing a larger-than-expected $4 billion convertible note offering as demand for the deal came in strong. The company initially aimed to raise $3.75 billion, but upsized the offering, splitting it into two parts: $2.25 billion due in 2031 with a 1.25% coupon and $1.75 billion due in 2033 at ...
This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS) is doubling down on its AI ambitions, pricing a larger-than-expected $4 billion convertible note offering as demand for the deal came in strong. The company initially aimed to raise $3.75 billion, but upsized the offering, splitting it into two parts: $2.25 billion due in 2031 with a 1.25% coupon and $1.75 billion due in 2033 at 2.625%. Shares were slightly higher in premarket trading, a sign investors are comfortable with the move for now. Nebius said the funds will go toward expanding its business, which increasingly revolves around AI infrastructure. The raise comes right after some big-name backing. Nebius recently locked in a $27 billion, 5-year deal with Meta Platforms (NASDAQ:META), giving the company a major customer for its AI capabilities. On top of that, Nvidia (NASDAQ:NVDA) has committed $2 billion, adding further credibility to its growth story.
On February 17, 2026, Stonehill Capital Management reported in a Securities and Exchange Commission filing that it sold out of Telephone and Data Systems (TDS 1.87%) in the fourth quarter. What happened According to a Securities and Exchange Commission filing dated February 17, 2026, Stonehill Capital Management sold all 320,194 shares of Telephone and Data Systems (TDS 1.87%). The fund’s TDS posi...
On February 17, 2026, Stonehill Capital Management reported in a Securities and Exchange Commission filing that it sold out of Telephone and Data Systems (TDS 1.87%) in the fourth quarter. What happened According to a Securities and Exchange Commission filing dated February 17, 2026, Stonehill Capital Management sold all 320,194 shares of Telephone and Data Systems (TDS 1.87%). The fund’s TDS position value dropped by $12.56 million from the previous quarter as a result. What else to know Top holdings after the filing: NASDAQ: SATS: $90.38 million (29.0% of AUM) NASDAQ: JOYY: $71.47 million (22.9% of AUM) NYSE: ELME: $30.25 million (9.7% of AUM) NASDAQ: LBRDK: $21.07 million (6.8% of AUM) NYSE: MBC: $19.65 million (6.3% of AUM) As of Wednesday, TDS shares were priced at $41.99, up about 19% over the past year, in line with the S&P 500’s gain in the same period. Company overview Metric Value Revenue (TTM) $1.23 billion Net income (TTM) ($75.5 million) Price (as of Wednesday) $41.99 Company snapshot TDS has historically provided wireless solutions, broadband internet, cloud-based television, and voice services through its UScellular and TDS Telecom segments. The firm has generated revenue primarily from wireless subscriptions, broadband access, and related telecommunications services, leveraging a mix of direct retail, third-party, and digital sales channels. It serves consumers, businesses, and government entities across the United States, with a focus on both urban and rural markets. Telephone and Data Systems is a leading U.S. telecommunications provider with a diversified portfolio that has spanned wireless, broadband, and voice services. It operates at scale, supporting millions of wireless and wireline connections nationwide. Its integrated approach and broad service offering position it to address evolving connectivity needs across a wide customer base. What this transaction means for investors Shares of Telephone and Data Systems have done a good job of keepin...
"I think we've seen a lot of governments really grappling with this issue because they are trying to square a circle: They are trying to protect creativity and at the same time encourage innovation," said Victoria Oakley, CEO of the IFPI.
"I think we've seen a lot of governments really grappling with this issue because they are trying to square a circle: They are trying to protect creativity and at the same time encourage innovation," said Victoria Oakley, CEO of the IFPI.
lcva2/iStock Editorial via Getty Images My Thesis Update Microsoft Corporation ( MSFT ) is one of the biggest software companies in the world, and because of the AI-related disruption risks that the market has been pricing in lately, it followed the general narrative, with the stock falling by over 20% in the past 6 months. This correction is in sync with the S&P 500's ( SP500 ) SaaS stocks' perfo...
lcva2/iStock Editorial via Getty Images My Thesis Update Microsoft Corporation ( MSFT ) is one of the biggest software companies in the world, and because of the AI-related disruption risks that the market has been pricing in lately, it followed the general narrative, with the stock falling by over 20% in the past 6 months. This correction is in sync with the S&P 500's ( SP500 ) SaaS stocks' performance through the first 2 months of Q1 2026: Goldman Sachs [proprietary source] Last time I covered MSFT , the stock was close to its ATHs. I called MSFT a boring business that keeps delivering, but unfortunately, the stock is down by 22% since my call. The firm has reported fiscal Q2 2026 and presented at Morgan Stanley's tech conference , along with a lot of fresh news that still didn't flip the narrative. So, I think it's time for an update from my end. In my opinion, when we consider the prospective benefits from MSFT's AI CAPEX, the positives are not visible at this moment. I like the valuation reset that only adds buffer for long-term holders/buyers, so the only logic rating for MSFT today, in my opinion, is a Buy. My Updated Reasoning On MSFT Open MSFT's Earnings page on Seeking Alpha, and you'll see that the firm beat its fiscal Q2 2026 earnings, showing $81.27 billion in revenues (+16.7% YoY) and ~$4.14 in adjusted EPS (+28.2% YoY) - the beats amounted to 1.24% and 5.69%, respectively. Most analysts (almost 74%, 17 out of 23) were bullish on what's coming in Q3, having adjusted their Q3 estimates to the upside: Seeking Alpha, MSFT's Earnings page Despite the headline strength, MSFT dropped by over 6% the day before the earnings report, and then it lost another 4%+ after the earnings print. In total, MSFT is down by over 11% following the Q2 print: TrendSpider Software, MSFT daily, Oakoff's notes added The biggest negative that could have led to this is MSFT's increased infrastructure spending guidance - at the Q2 call, management disclosed $37.5 billion in CAPEX (...