
Microsoft, Alphabet on the Move, and RTX’s Engine Troubles 7/25/23
CNBC's "Fast Money"
00:00
Microsoft's Outlook for the Year Is Uncertain
I don't think we're going to see really earnings growth from this sort of stuff until the back half of next year. There is still pressure on that search business. And at 20 times next year's numbers, with probably close to 22% EPS growth, I think you want to be in the stock just on valuation alone and the fact that they're probably not that significantly behind Microsoft. The over-ontelligent cloud segment booked $24 billion in revenue up 15% from a year ago. We'll see if new updates to AI chatbot collapse down 12%.
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