Title: Microsoft and Alphabet Drop on Earnings Miss!
Post by: PocketOption on Oct 30, 2022, 07:47 am
Post by: PocketOption on Oct 30, 2022, 07:47 am
Microsoft and Alphabet Drop on Earnings Miss!
Source: Microsoft and Alphabet Drop on Earnings Miss! (https://www.orbex.com/blog/en/2022/10/microsoft-and-alphabet-drop-on-earnings-miss)
Microsoft & Alphabet shares fell about 7% in extended trading yesterday.
Both companies reported softer revenue than expected and gave weak quarterly guidance.
Alphabet also significantly decreased headcount growth as revenue at YouTube declined.
Not great earnings so far. Can the other big corporations do better?
Timestamps
GOOGL 01:35
MSFT 03:35
The post Microsoft and Alphabet Drop on Earnings Miss! appeared first on Orbex Forex Trading Blog.
Source: Microsoft and Alphabet Drop on Earnings Miss! (https://www.orbex.com/blog/en/2022/10/microsoft-and-alphabet-drop-on-earnings-miss)