00:00um meta beats q2 earnings estimates meta reported second quarter financial results after the market
00:06closed on wednesday here's a rundown of that report meta reported second quarter revenue of
00:1147.52 billion beating analyst estimates of 44.58 billion that's according to benzinga pro
00:17the company reported second quarter earnings of 714 per share beating analyst estimates of 5.79
00:23per share oh my god what that is just a big beat there total revenue was up 22 on a year-over-year
00:31basis family daily active people climbed six percent year-over-year to 3.48 billion and
00:38ad impressions jumped 11 year-over-year an average price per ad increased by nine percent year-over-year
00:46so just absolutely blowing it out there operating margins totaled 43 which is up 38
00:52in the prior quarter costs and expenses came in at 27 billion which is up 12 year-over-year we would
00:59expect that with the ai move capital expenditures including principal payments on finance leases
01:04came in at 17 billion meta noted its headcount was up seven percent year-over-year to 76 000 just about
01:12as of june 30th uh meta generated 25.56 billion in cash flow from operations and 8.55 billion in
01:22free cash flow during the quarter the company ended the quarter with 47.07 billion in cash and cash
01:28equivalent and marketable securities quote we've had a strong quarter both in terms of our business
01:35and community i'm excited to build personal super intelligence for everyone in the world super
01:40intelligence a new mesh a new mention there uh and that again that came from zuck zuckerberg the
01:46guidance here meta expects third quarter revenue to be in the range of 47 and a half billion to 50 and a
01:51half billion versus the estimate of 45 billion so in addition to the huge beat actually got a huge
01:57guidance boost there and that explains why the stock is just absolutely popping here today um
02:03let's see let me go but i lost my place there sorry about that uh meta expects full year 2025
02:09expenses to be in the range of 114 to 118 billion the company anticipates full year capital expenditures
02:16of 66 to 72 billion quote while we are not providing an outlook for fourth quarter revenue we would
02:22expect our year over year growth rate in the fourth quarter for 2025 to be slower than the third quarter
02:28as we lap a period of stronger growth in the fourth quarter of 2024 meta's management team also had the
02:34conference call and that continued to trade up from there so meta just a huge beat here um let me see
02:42if i can go back there all right so here's where this is the craziest part about this entire thing
02:47the chart basically had this rolling over and retesting a pretty key support area we were testing the
02:54trend line and for those of you that are here every day you've seen how these trend lines have really
02:59really come into play whether it be a trend line break or a trend line support or something like that
03:04we were getting that again here and that trend line just so happened to line up pretty well with the 50
03:10day moving average and today well plus 80 points we are up here 775 this is going to be a new all-time
03:17high we are breaking above this giddy up this is just an absolutely huge report and the rsi was kind of in
03:24the middle of the channel so my thought here is that this might actually continue for a little bit maybe
03:30we get a little profit taking here on meta especially in the morning but this run after a quality report
03:35like that you can see some more legs to this run so really really just a blowout report meta holding
03:41higher by 11 and a half percent here this morning up 80 points and look at the chart we came off this
03:47really important area uh here so just a huge huge move now let's see if the chart is going to cooperate
03:54and give us the microsoft chart to start with indeed it is look at this move on microsoft the the huge
04:01gap up from april 30th i believe this was their last earnings and this thing has just been melting
04:05up staying above the 20-day moving average all the way to the highs here you would think to yourself
04:12well this kind of ran into earnings so maybe this pulled back no no it didn't meta plus eight or excuse
04:18me microsoft plus 8.23 percent here today again option buyers winning this print as we continue to pop
04:25the highest stock is at 555 i have to readjust my chart i didn't even have enough upside movement
04:30here here you go here is 555 50 if five is your lucky number uh take a drink or go buy a lottery
04:36ticket or something huge pop here on microsoft now let's dive into the actual uh report here itself
04:43i reported fourth quarter financial results after the close and they reported revenue of 76.44 billion
04:50which was up 17 year over year the total revenue beat a street consensus of 73.8 billion according
04:57to data from benzinga pro the company reported fourth quarter earnings per share of 365 beating
05:02street consensus of 337 uh they reported revenue by segment productivity and business processes 33.1
05:10billion that's plus 16 year over year intelligent cloud 29.9 billion plus 26 year over year and more
05:19personal computing 13 and a half billion that was plus nine percent year over year immediate takeaway
05:25immediate takeaway from the microsoft print here and the cloud computing beat and and uh numbers that
05:31they posted here that absolutely should be good for amazon and amazon web services which we get here
05:37tonight so just uh just a monster report here i want to definitely want to see how uh microsoft trades
05:45here today but again amazon was up on the back of this report uh no surprise there the company
05:50reported that microsoft 365 commercial cloud revenue increased 18 year over year microsoft 365 consumer
05:58cloud revenue was up 20 year over year in the quarter with the intelligent cloud segment revenue from azure
06:04and cloud services increased by 39 year over year just just absolute absolute monster numbers good morning
06:11mayhem uh microsoft as he's saying here microsoft's cloud growth very very impressive google's cloud
06:18growth and investment also encouraging for amazon so probably expecting some numbers out there we'll see
06:23if that gets priced in in today's session uh xbox content and services revenue was up 13 year over year
06:30in the quarter overall cloud revenue was 46.7 billion in the quarter representing a 27 year over year
06:37increase across various segments the company's full fiscal year revenue was at 281.7 billion dollars
06:45that's up 15 percent year over year and full year earnings per share were 1364 that's up 16 percent
06:52year over year quote cloud and ai is the driving force of business transformation across every industry
06:59and sector end quote that comes from microsoft ceo satya nadella who goes on to say we're innovating
07:05across the tech stack to help customers adapt and grow in this new era nadella said azure surpassed
07:1375 billion dollar revenue milestone for the full fiscal year representing a 34 percent year over year
07:21increase the company will provide an update it did on a earnings call i'm sorry i keep reading that
07:26just just monster here for microsoft monster move for microsoft again i want to see if any of this
07:31uh gets priced in for amazon here today i want to see where microsoft goes mayhem i can't wait to see
07:38if we jump any of these call walls and go higher should give us an idea of where that range might be
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