00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Options traders are pricing in a roughly $190 billion swing in Microsoft's market value
00:08after the company reports fourth quarter earnings on Wednesday, according to Reuters.
00:13Options imply a 6.6% move in either direction. Above the company's average implied,
00:20an actual earnings moves over the last 12 quarters.
00:23Investors are looking for evidence that Microsoft's billions of dollars in artificial intelligence
00:28spending are driving stronger enterprise adoption and growth in its AI tools.
00:33While concerns over rising AI infrastructure costs have weighed on the stock this year,
00:38some traders remain bullish. One investor spent about $10.4 million on call options ahead of
00:44earnings, while bullish bets also increased on a software sector ETF before Microsoft's
00:49results in the Federal Reserve's meeting. For all things money, visit Benzinga.com.
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