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Microsoft Beats But Expectations Were Steep

by The Wealth Advisor Contributor
Microsoft reported fiscal third-quarter results that exceeded consensus expectations on both revenue and earnings, underscored by continued strength in its AI-driven businesses. The company posted EPS of $4.27 on revenue of $82.9 billion, ahead of Bloomberg consensus estimates of $4.04 and $81.5 billion, respectively.

Featured

Fed Meeting Today: Central Bank 'Firmly Parked' On Interest Rate Pause

The Federal Reserve maintained its target rate range at 3.50%–3.75% for a third consecutive meeting, citing elevated energy prices and heightened geopolitical uncertainty tied to the Iran conflict.

Trump Tells Aides To Prep For Lengthy Hormuz Blockade, Report Says

(Bloomberg) - President Donald Trump told his aides to prepare for an extended US Naval blockade of the Strait of Hormuz, the Wall Street Journal reported, as the US looks to intensify economic pressure on Iran as the war enters

Inside Jack Schlossberg's Trust Fund Amid Political Campaign

(hellomagazine) - Jack Schlossberg, the only grandson of former president John F. Kennedy, has disclosed his finances to the House of Representatives amid his bid to win a seat in Congress in the upcoming election.

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Economy

Workers Are Eyeing the Exit in 2024 According to New Study

Workers are eyeing the exit in 2024 as LinkedIn and Microsoft study warns more people want to quit their jobs now than during the Great Resignation.

Real Estate

‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states.

Economy

Increased Likelihood of a Stock Market Surge

The increasing likelihood of a stock market surge, potentially initiated by Fed policies, is drawing attention, as noted by Ed Yardeni.

Direct Indexing Channel

Syntax Data Powers New Sustainable Infrastructure Index On SMArtX

This thematic equity Index provides investors with access to a curated selection of publicly traded companies poised to drive the modernization of infrastructure within the United States.

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The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

Model Portfolios + Strategists

“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

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Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

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Oil Prices May Spike Again As 'Something is Off' With the Current Math, JPMorgan Says

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Glamorous LA Heiress Linked To Iranian Royalty At Center Of Toxic $200M Divorce Battle

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