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Microsoft, Meta, Nvidia, Tesla and Rolls-Royce

Microsoft, Meta, Nvidia, Tesla and Rolls-Royce

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The shares to Microsoft (MSFT) rose by almost 7%on Thursday in the pre-market trade after winning the third quarter of the tech company had exceeded expectations.

In the results published after the final bell on Wednesday, Microsoft achieved sales of $ 70 billion (52.5 billion GBP) in the third quarter, which, according to Bloomberg Consens, was ahead of the expectations of USD 68.4 billion. The profit of $ 3.46 also exceeded estimates of USD 3.21.

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Microsoft's commercial cloud turnover was $ 42.4 billion compared to estimates of $ 42.4 billion and $ 35.1 billion in the third quarter of last year.

Ben Barringer, Global Technology Analyst at Quilter Cheviot, said: “The actual outstanding failure is still Azure, its cloud business, which with AI services recorded a growth of 35%, the 16% of this increase.

“Azure remains exceptionally resilient, and the prospects are on the persistent dynamics, with Microsoft led the 13–15% sales growth in the next quarter and the Azure growth of 34–35% – around 2.5% in front of consensus expectations.”

Nasdaqgs – delayed quote USD

At the end: April 30th at 4:00 p.m. GMT-4

The shares to the Magnificent 7 Stock Meta (Meta) rose by more than 5%on Thursday in the pre-market trade after the social media company also achieved the quarterly results.

Meta achieved a profit per share (EPS) of $ 6.43 for sales of $ 42.3 billion for the first quarter, with the expectations of EPS of $ 5.25 for sales of $ 41.3 billion, according to Bloomberg Consensus estimates.

For the second quarter, Meta said that sales between $ 42.5 billion and $ 45.5 billion would be $ 44 billion in front of Wall Street.

Strong quarterly results from Microsoft and Meta seemed to have made the fears facilitated before slowing down the US Big Tech.

Dan Coatsworth, investment analyst at AJ Bell (AJB.L), said: “The positive market reaction in the pre-market trade with Microsoft and Meta numbers is a turning point for mega-cap-tech shares that have suffered a bad description of the season.

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He said that there was “fear that a bleak economic background would lead to companies reducing expenses for AI”.

In its recent results, META increased its capital expenditure to USD $ 72 billion to USD $ 64 billion, from USD 65 billion to $ 65 billion. The expenditure of the major US technology companies, especially in relation to artificial intelligence (AI), was a problem for investors after the Chinese startup Deepseek published a more cost-effective AI model at the beginning of this year.

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