Microsoft (MSFT) reports earinsg on Thursday. In FAANG and related stocks, MSFT continues to be a standout. NFLX has competition and content reduction, AMZN has seen competition from WMT and also cloud spending slowdown, GOOG faces political backlash along with slowing compartive results, FB faces similar issues currently, along with lower usage rates. We’ve seen a high amount of call buying recently, heavily bullish-biased flow as shares trend upwards. BMO Capital’s earnings preview expects them to meet or beat expectations for the quarter, based on Intelligent Cloud (Azure) revenue growth and Windows 10 refresh cycle.
For more information on Microsoft and other stocks, subscribe to AVC-Pro.