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Here Is Why Investors Do Not Like Good Earnings From Microsoft And Meta, Hotter Inflation Data

Benzinga ·  00:56

To gain an edge, this is what you need to know today.

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Unrealistic Expectations

Please click here for an enlarged chart ofMicrosoft Corp(NASDAQ:MSFT).

Note the following:

  • This article is about the big picture, not an individual stock. The chart of MSFT stock is being used to illustrate the point.
  • The chart shows when Microsoft earnings were released.
  • The chart shows MSFT stock initially spiked higher on earnings better than the consensus and whisper numbers.
  • The chart shows when MSFT stock dropped on comments of slower Azure growth during Microsoft's conference call.
    • Azure growth came at 34% vs...
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