From Nasdaq Inc.:

Microsoft Corp is set to report its second-quarter financial results on Jan. 30. Analysts are expecting revenue of $61.10 billion, with earnings per share of $2.78. Wedbush analyst Daniel Ives expects this to be a significant earnings report, particularly in terms of Cloud deals for Azure. Several other analysts also have positive ratings and price targets for Microsoft.

Key items to watch in Microsoft’s earnings report include the company’s emphasis on artificial intelligence and its plans to combat deepfake images. The company’s gaming division may also come into focus following recent layoffs. Despite these potential headwinds, Microsoft shares were up 1.43% to $409.72 on Monday, and are up 65% over the past year.



Read more: Microsoft Q2 Earnings Preview: Artificial Intelligence, Gaming, More Key Items To Watch