Bloomberg Businessweek Bonus Episode: Tesla, Meta and Microsoft Earnings
Jan 29, 2025
Mandeep Singh, a Senior Technology Analyst at Bloomberg Intelligence, discusses the latest earnings reports for tech giants like Tesla, Meta, and Microsoft. Caroline Hyde, co-host of Bloomberg Technology, shares insights about competitive pressures and AI advancements in the sector. James Cakmak from Clockwise Capital analyzes investment strategies and market reactions to these earnings. They explore Meta's rising expenditures, the impact of AI on stock valuations, and the challenges posed by TikTok to Meta's future revenue.
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Microsoft Q2 Earnings: Cloud Miss, Azure Strength
- Microsoft's Q2 earnings revealed a miss on cloud revenue, likely due to lower-than-expected adoption of Microsoft 365 Copilot.
- Despite this, the company's Azure infrastructure revenue shows robust growth, indicating a solid foundation.
Meta's CapEx and DeepSeek
- Meta raised its CapEx to $65 billion, a move surprising given DeepSeek's positive implications for open source.
- This decision suggests confidence in their AI monetization plans and reduces fears of further upward revisions.
ServiceNow's Outlook and DeepSeek
- ServiceNow's outlook disappointed despite the positive implications of DeepSeek for software providers.
- This suggests that not all software companies will benefit equally from reduced LLM costs.