From Zacks Investment Research: 2025-05-01 18:40:00

The Nasdaq continues to rise after positive quarterly results from Meta Platforms and Microsoft. Meta’s Q1 sales increased to $42.31 billion, with a spike in EPS to $6.43. Microsoft’s cloud revenue grew by 20% to $42.4 billion in Q3, with Azure sales up 21%. Both companies exceeded earnings expectations and provided strong revenue guidance. Meta projects Q2 revenue to be $42.5-$45.5 billion, while Microsoft expects Q4 revenue to be $73.15-$74.25 billion. Both companies offer long-term value to investors at current levels. Potential buy ratings may be on the horizon as earnings outlook remains positive.



Read more at Zacks Investment Research: Buy Meta Platforms or Microsoft Stock After Beating Earnings Expectations? – May 1, 2025