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2021-04-24

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2021-04-29

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Apple earnings smasher prompts upgrade, price target increases

2021-04-25

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Can U.S. Stock Indices Still Go Higher?

2021-04-28

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Microsoft sales grow on cloud strength, shares dip on heightened valuation

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And Apple said iPad demand was so strong the company expects to leave $3-4B \"on the table\" in FQ3 to June.\nGoldman stays on the sidelines believing that these demand levels will be difficult for Apple to sustain.\nRaymond James (Outperform) raises its Apple price target from $160 to $185, expecting the next iPhone cycle to deliver the unit growth that didn't happen last year due to the pandemic.\nMorgan Stanley (Overweight) lifts Apple's PT from $158 to $161, saying the earnings strength will help ease the risks to the 2022 consensus estimates as the pandemic-driven tailwinds ease.\n\"Apple provided partial guidance for fiscal third quarter, and both the dividend and buyback programs were boosted. But what impressed the most, in my opinion, was the extent of Apple's Q2 beat. The company's performance bordered \"unbelievable,\" as Morgan Stanley's analyst pointed out during the conference call. With a historic earnings smasher, Apple made sure to leave no room for post-earnings bearishness,\" writes Seeking Alpha'sDM Martins Research.\nApple shares are up 2.8% pre-market to $137.33.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100162601,"gmtCreate":1619590603803,"gmtModify":1634211498736,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"😔","listText":"😔","text":"😔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100162601","repostId":"1157918353","repostType":4,"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375846259,"gmtCreate":1619327211271,"gmtModify":1634274202794,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/375846259","repostId":"1120497033","repostType":4,"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372876865,"gmtCreate":1619194664257,"gmtModify":1634287827938,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/372876865","repostId":"2129510332","repostType":4,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":372876865,"gmtCreate":1619194664257,"gmtModify":1634287827938,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/372876865","repostId":"2129510332","repostType":4,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109251497,"gmtCreate":1619701970819,"gmtModify":1634210610306,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"😁👍","listText":"😁👍","text":"😁👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/109251497","repostId":"1110758944","repostType":4,"repost":{"id":"1110758944","kind":"news","pubTimestamp":1619697011,"share":"https://www.laohu8.com/m/news/1110758944?lang=&edition=full","pubTime":"2021-04-29 19:50","market":"us","language":"en","title":"Apple earnings smasher prompts upgrade, price target increases","url":"https://stock-news.laohu8.com/highlight/detail?id=1110758944","media":"seekingalpha","summary":"Goldman Sachs upgrades Apple(NASDAQ:AAPL) from Sell to Neutral after yesterday's earnings blowout, s","content":"<p>Goldman Sachs upgrades Apple(NASDAQ:AAPL)&nbsp;from Sell to Neutral after yesterday's earnings blowout, saying the firm's \"original view that the iPhonecycle would would disappoint in the middle of COVID&nbsp;was clearly wrong.\"</p>\n<p>The firm notes that iPhone, Mac, and iPad sales all outperformed Goldman's expectations. And Apple said iPad demand was so strong the company expects to leave $3-4B \"on the table\"&nbsp;in FQ3 to June.</p>\n<p>Goldman stays on the sidelines believing that these demand levels will be difficult for Apple to sustain.</p>\n<p>Raymond James (Outperform) raises its Apple price target from $160 to $185, expecting the next iPhone cycle to deliver the unit growth that didn't happen last year due to the pandemic.</p>\n<p>Morgan Stanley (Overweight)&nbsp;lifts Apple's PT&nbsp;from $158 to $161, saying the earnings strength will help ease the risks to the 2022 consensus estimates as the pandemic-driven tailwinds ease.</p>\n<p>\"Apple provided partial guidance for fiscal third quarter, and both the dividend and buyback programs were boosted. But what impressed the most, in my opinion, was the extent of Apple's Q2 beat. The company's performance bordered \"unbelievable,\" as Morgan Stanley's analyst pointed out during the conference call. With a historic earnings smasher, Apple made sure to leave no room for post-earnings bearishness,\"&nbsp;writes Seeking Alpha'sDM&nbsp;Martins Research.</p>\n<p>Apple shares are up 2.8% pre-market to $137.33.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple earnings smasher prompts upgrade, price target increases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple earnings smasher prompts upgrade, price target increases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 19:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3687760-apple-earnings-smasher-prompts-upgrade-price-target-increases><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs upgrades Apple(NASDAQ:AAPL) from Sell to Neutral after yesterday's earnings blowout, saying the firm's \"original view that the iPhonecycle would would disappoint in the middle of COVID ...</p>\n\n<a href=\"https://seekingalpha.com/news/3687760-apple-earnings-smasher-prompts-upgrade-price-target-increases\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/news/3687760-apple-earnings-smasher-prompts-upgrade-price-target-increases","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110758944","content_text":"Goldman Sachs upgrades Apple(NASDAQ:AAPL) from Sell to Neutral after yesterday's earnings blowout, saying the firm's \"original view that the iPhonecycle would would disappoint in the middle of COVID was clearly wrong.\"\nThe firm notes that iPhone, Mac, and iPad sales all outperformed Goldman's expectations. And Apple said iPad demand was so strong the company expects to leave $3-4B \"on the table\" in FQ3 to June.\nGoldman stays on the sidelines believing that these demand levels will be difficult for Apple to sustain.\nRaymond James (Outperform) raises its Apple price target from $160 to $185, expecting the next iPhone cycle to deliver the unit growth that didn't happen last year due to the pandemic.\nMorgan Stanley (Overweight) lifts Apple's PT from $158 to $161, saying the earnings strength will help ease the risks to the 2022 consensus estimates as the pandemic-driven tailwinds ease.\n\"Apple provided partial guidance for fiscal third quarter, and both the dividend and buyback programs were boosted. But what impressed the most, in my opinion, was the extent of Apple's Q2 beat. The company's performance bordered \"unbelievable,\" as Morgan Stanley's analyst pointed out during the conference call. With a historic earnings smasher, Apple made sure to leave no room for post-earnings bearishness,\" writes Seeking Alpha'sDM Martins Research.\nApple shares are up 2.8% pre-market to $137.33.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375846259,"gmtCreate":1619327211271,"gmtModify":1634274202794,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/375846259","repostId":"1120497033","repostType":4,"repost":{"id":"1120497033","kind":"news","pubTimestamp":1619322584,"share":"https://www.laohu8.com/m/news/1120497033?lang=&edition=full","pubTime":"2021-04-25 11:49","market":"us","language":"en","title":"Can U.S. Stock Indices Still Go Higher?","url":"https://stock-news.laohu8.com/highlight/detail?id=1120497033","media":"seekingalpha","summary":"Summary\n\nMarkets can go higher, and likely will. But for traders, a focus on trading each fractal wi","content":"<p><b>Summary</b></p>\n<ul>\n <li>Markets can go higher, and likely will. But for traders, a focus on trading each fractal with a clear plan and risk management is the way to log consistent profits.</li>\n <li>Investors need to identify the key areas to reduce risk exposure and re-enter on the pullbacks.</li>\n <li>Have a written trading plan, and focus on cumulative returns over time.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0bfd631d00c6b51d81870cffca3e47d8\" tg-width=\"768\" tg-height=\"470\"><span>Photo by Tim Boyle/Getty Images News via Getty Images</span></p>\n<p>US Stock Indices have seen unprecedented gains since the lows back in March 2020. The moves down into those lows from the highs barely one month earlier in February 2020 were the fastest on record, yet just over one year later and against a back drop of a global pandemic the US markets are seeing consistently higher then higher new all time highs. Put call ratios, price earnings ratios and a host of other metrics are regularly touted across social media platforms as being at or beyond levels where we \"should\" see markets reverse yet prices stubbornly refuse to \"do the obvious\" by moving lower and appear immune to the fears and trepidations of the wounded and howling bears while the bulls point to the improving unemployment numbers, retail sales figures and economies reopening coupled with the extraordinary actions of the Federal Reserve.</p>\n<p><img src=\"https://static.tigerbbs.com/d43137e289abab29df902b27bb83db65\" tg-width=\"663\" tg-height=\"160\"></p>\n<p>In the past five months since November 2020 inflows into stock funds have totaled $569 billion. In the prior 12 years total inflows were $452 billion. Once again the more contrarian view of this statistic would be an argument for the bears while the more obvious inference the one adopted by the bulls.</p>\n<p><img src=\"https://static.tigerbbs.com/5caf3f6ff4b6db2f71a5423c73035a15\" tg-width=\"1200\" tg-height=\"720\"></p>\n<p>On 25th March this year we learned that a large hedge fund, Archegos, was in trouble and being unwound. As this fund traded on swaps Archegos brokers essentially held shares on their behalf thus the failure resulted in several major institutions facing huge potential losses. On the assumption that much of the overall long exposure of these institutions was likely hedged and considering the 5% gain seen in the S&amp;P 500 Index since the beginning of April the Archegos unwinding is likely been/is a contributory factor to an already traditionally seasonally bullish month.</p>\n<p><img src=\"https://static.tigerbbs.com/31343e45edb37d2dae87aed4aa62f96a\" tg-width=\"683\" tg-height=\"496\"></p>\n<p>On Friday (16th April 2021) the SPX closed at 4185, up on the session thus making that 15 of the last 16 sessions to close out with net gains. Friday was also the Monthly Options Expiry and the volume of expiring contracts was large and more in line with those expected for a quarterly or \"triple witching\" expiration.</p>\n<p><img src=\"https://static.tigerbbs.com/e7d2b7841e296d393490c7f079896361\" tg-width=\"1280\" tg-height=\"606\"></p>\n<p>Turning to a more technical approach our Cycles work suggests that we should be expecting a move lower into late June/early July. Looking at our Elliott Wave and Fibonacci analysis we are expecting that move lower to materialize but likely after we see further highs although those should be following a small pullback into support in the near term.</p>\n<p>This is the most recent analysis posted to members in our Forum relating to the ES Mini.</p>\n<blockquote>\n <i>The ES looks to have completed a complex Primary Degree Wave 4 at the low seen in March 2020. The final drop into that low from the February 2020 high was the fastest recorded drop of this magnitude.</i>\n</blockquote>\n<blockquote>\n <i>The move up from the March 2020 counts best in threes so a diagonal formation. The ES has exceeded the February 2020 high which has opened up the possibility that this fractal is in fact an ending rather than leading diagonal either as the final Intermediate Degree Wave (5) of the Primary Degree Wave 3 off the March 2009 lows OR in fact as all of the Primary Degree Wave 5 off that low. Again, for the purpose of analysis I am currently running with the thesis that this is a leading diagonal for the Intermediate Degree wave (1) of a much larger Primary Degree Wave 5 off the March 2020 low and that after a pullback in what would then be an Intermediate Degree Wave (2) we will see the US Indices subdivide much higher over the coming few years before a considerably deeper move to the downside is upon us.</i>\n</blockquote>\n<blockquote>\n <i>The ES put in a local high back in September to complete the Minute Degree Wave a of Minor Degree Wave 3 then pulled back in three waves into the low on 31st October 2020 completing the Minute Degree Wave C. The move up off that October low again counts best in 3's thus we are likely seeing an ending diagonal for the Minute Degree Wave C of Minor Degree Wave 3. Support is now at 4070 - 4122 ES (June Contract Basis). Levels to watch above are 4206 then 4258.</i>\n</blockquote>\n<blockquote>\n <i>At this point and particularly given the pattern off the March 5th 2021 low it is sensible to consider the path, targets and key support levels should we simply continue higher from here. On the smaller time frames (120 Minute down through 5 Minute) this is actually surprisingly simple. Key immediate support is at 4150/52 ES and below that 4086 - 4110. It would take a break back below 4045 to start to consider this count then breaking down which is interesting as that is where the current Gamma Zero/Neutral level resides.</i>\n</blockquote>\n<blockquote>\n <i>We started to see the ES pullback following a 20 Minute &amp; 120 Minute cRSi sell signal towards the end of Fridays session which will likely see the ES continue lower during the coming week. Expecting to see the upper support levels hold followed by further highs to at least 4258 area in the diagonal count and ultimately to the 4395 level or higher in the more immediately bullish impulse count off the March 2020 lows. In either count this would then complete either an Intermediate Degree Wave (1) of a Primary Degree Wave 5 OR possibly all of an Intermediate Degree Wave (5) of the Primary Degree Wave 3 in which case we will likely re visit last years lows rather than holding a retrace as shown in the Daily Chart.\"</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/e60b42be6f132bd3a797b2c53290b928\" tg-width=\"1280\" tg-height=\"606\"></p>\n<p>Trading wise we banked profits on our most recent swing long position entered on 25th March 2021 following a 120 Minute cRSi Cycle sell signal back on the 8th April for an additional 17.62% gain in&nbsp;SPXL&nbsp;this year bringing the compound gains since the start of 2021 to 98%. We are now looking to take another swing long position after a pullback into support should we see the requisite cRSi buy signal after a cycle bottom and preferably supported by a squeeze indicator buy signal on the 120 Minute time frame.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Can U.S. Stock Indices Still Go Higher?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCan U.S. Stock Indices Still Go Higher?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4420930-can-us-stock-indices-still-go-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMarkets can go higher, and likely will. But for traders, a focus on trading each fractal with a clear plan and risk management is the way to log consistent profits.\nInvestors need to identify...</p>\n\n<a href=\"https://seekingalpha.com/article/4420930-can-us-stock-indices-still-go-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4420930-can-us-stock-indices-still-go-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1120497033","content_text":"Summary\n\nMarkets can go higher, and likely will. But for traders, a focus on trading each fractal with a clear plan and risk management is the way to log consistent profits.\nInvestors need to identify the key areas to reduce risk exposure and re-enter on the pullbacks.\nHave a written trading plan, and focus on cumulative returns over time.\n\nPhoto by Tim Boyle/Getty Images News via Getty Images\nUS Stock Indices have seen unprecedented gains since the lows back in March 2020. The moves down into those lows from the highs barely one month earlier in February 2020 were the fastest on record, yet just over one year later and against a back drop of a global pandemic the US markets are seeing consistently higher then higher new all time highs. Put call ratios, price earnings ratios and a host of other metrics are regularly touted across social media platforms as being at or beyond levels where we \"should\" see markets reverse yet prices stubbornly refuse to \"do the obvious\" by moving lower and appear immune to the fears and trepidations of the wounded and howling bears while the bulls point to the improving unemployment numbers, retail sales figures and economies reopening coupled with the extraordinary actions of the Federal Reserve.\n\nIn the past five months since November 2020 inflows into stock funds have totaled $569 billion. In the prior 12 years total inflows were $452 billion. Once again the more contrarian view of this statistic would be an argument for the bears while the more obvious inference the one adopted by the bulls.\n\nOn 25th March this year we learned that a large hedge fund, Archegos, was in trouble and being unwound. As this fund traded on swaps Archegos brokers essentially held shares on their behalf thus the failure resulted in several major institutions facing huge potential losses. On the assumption that much of the overall long exposure of these institutions was likely hedged and considering the 5% gain seen in the S&P 500 Index since the beginning of April the Archegos unwinding is likely been/is a contributory factor to an already traditionally seasonally bullish month.\n\nOn Friday (16th April 2021) the SPX closed at 4185, up on the session thus making that 15 of the last 16 sessions to close out with net gains. Friday was also the Monthly Options Expiry and the volume of expiring contracts was large and more in line with those expected for a quarterly or \"triple witching\" expiration.\n\nTurning to a more technical approach our Cycles work suggests that we should be expecting a move lower into late June/early July. Looking at our Elliott Wave and Fibonacci analysis we are expecting that move lower to materialize but likely after we see further highs although those should be following a small pullback into support in the near term.\nThis is the most recent analysis posted to members in our Forum relating to the ES Mini.\n\nThe ES looks to have completed a complex Primary Degree Wave 4 at the low seen in March 2020. The final drop into that low from the February 2020 high was the fastest recorded drop of this magnitude.\n\n\nThe move up from the March 2020 counts best in threes so a diagonal formation. The ES has exceeded the February 2020 high which has opened up the possibility that this fractal is in fact an ending rather than leading diagonal either as the final Intermediate Degree Wave (5) of the Primary Degree Wave 3 off the March 2009 lows OR in fact as all of the Primary Degree Wave 5 off that low. Again, for the purpose of analysis I am currently running with the thesis that this is a leading diagonal for the Intermediate Degree wave (1) of a much larger Primary Degree Wave 5 off the March 2020 low and that after a pullback in what would then be an Intermediate Degree Wave (2) we will see the US Indices subdivide much higher over the coming few years before a considerably deeper move to the downside is upon us.\n\n\nThe ES put in a local high back in September to complete the Minute Degree Wave a of Minor Degree Wave 3 then pulled back in three waves into the low on 31st October 2020 completing the Minute Degree Wave C. The move up off that October low again counts best in 3's thus we are likely seeing an ending diagonal for the Minute Degree Wave C of Minor Degree Wave 3. Support is now at 4070 - 4122 ES (June Contract Basis). Levels to watch above are 4206 then 4258.\n\n\nAt this point and particularly given the pattern off the March 5th 2021 low it is sensible to consider the path, targets and key support levels should we simply continue higher from here. On the smaller time frames (120 Minute down through 5 Minute) this is actually surprisingly simple. Key immediate support is at 4150/52 ES and below that 4086 - 4110. It would take a break back below 4045 to start to consider this count then breaking down which is interesting as that is where the current Gamma Zero/Neutral level resides.\n\n\nWe started to see the ES pullback following a 20 Minute & 120 Minute cRSi sell signal towards the end of Fridays session which will likely see the ES continue lower during the coming week. Expecting to see the upper support levels hold followed by further highs to at least 4258 area in the diagonal count and ultimately to the 4395 level or higher in the more immediately bullish impulse count off the March 2020 lows. In either count this would then complete either an Intermediate Degree Wave (1) of a Primary Degree Wave 5 OR possibly all of an Intermediate Degree Wave (5) of the Primary Degree Wave 3 in which case we will likely re visit last years lows rather than holding a retrace as shown in the Daily Chart.\"\n\n\nTrading wise we banked profits on our most recent swing long position entered on 25th March 2021 following a 120 Minute cRSi Cycle sell signal back on the 8th April for an additional 17.62% gain in SPXL this year bringing the compound gains since the start of 2021 to 98%. We are now looking to take another swing long position after a pullback into support should we see the requisite cRSi buy signal after a cycle bottom and preferably supported by a squeeze indicator buy signal on the 120 Minute time frame.","news_type":1},"isVote":1,"tweetType":1,"viewCount":373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100162601,"gmtCreate":1619590603803,"gmtModify":1634211498736,"author":{"id":"3575293662772994","authorId":"3575293662772994","name":"Don9","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575293662772994","authorIdStr":"3575293662772994"},"themes":[],"htmlText":"😔","listText":"😔","text":"😔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100162601","repostId":"1157918353","repostType":4,"repost":{"id":"1157918353","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619566409,"share":"https://www.laohu8.com/m/news/1157918353?lang=&edition=full","pubTime":"2021-04-28 07:33","market":"us","language":"en","title":"Microsoft sales grow on cloud strength, shares dip on heightened valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1157918353","media":"Tiger Newspress","summary":"Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.Windows revenue growth from device makers was higher than the company had predicted.Azure cloud revenue growth was flat from the prior quarter.Microsoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as c","content":"<p><b>KEY POINTS</b></p>\n<ul>\n <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>\n <li>Windows revenue growth from device makers was higher than the company had predicted.</li>\n <li>Azure cloud revenue growth was flat from the prior quarter.</li>\n</ul>\n<p>Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p>\n<p><img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p>\n<p>Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p>\n<p>The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p>\n<p>With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p>\n<p><img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p>\n<p>Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p>\n<p>The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p>\n<p>The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p>\n<p>That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p>\n<p>The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p>\n<p>The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p>\n<p>At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p>\n<p>The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p>\n<p>Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p>\n<p>Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sales grow on cloud strength, shares dip on heightened valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft sales grow on cloud strength, shares dip on heightened valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-28 07:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p>\n<ul>\n <li>Microsoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.</li>\n <li>Windows revenue growth from device makers was higher than the company had predicted.</li>\n <li>Azure cloud revenue growth was flat from the prior quarter.</li>\n</ul>\n<p>Microsoft&nbsp;shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.</p>\n<p><img src=\"https://static.tigerbbs.com/37e56904b785cd612b360cb4662adcab\" tg-width=\"1302\" tg-height=\"833\"></p>\n<p>Here’s how the company did:</p>\n<ul>\n <li><b>Earnings:</b>$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.</li>\n <li><b>Revenue:</b>$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.</li>\n</ul>\n<p>The software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a&nbsp;statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to&nbsp;gains in PC sales&nbsp;resulting from coronavirus-driven shortages last year.</p>\n<p>The company said its Azure public cloud, which competes with market leader&nbsp;Amazon&nbsp;Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In&nbsp;the prior quarter&nbsp;Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.</p>\n<p>With respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.</p>\n<p><img src=\"https://static.tigerbbs.com/04deaac8d015743ca14f06c8b77bd26e\" tg-width=\"1910\" tg-height=\"1549\"></p>\n<p>Microsoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.</p>\n<p>The Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from&nbsp;115 million&nbsp;in October, Microsoft CEO Satya Nadella said on the call.</p>\n<p>The company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner&nbsp;estimated&nbsp;earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.</p>\n<p>That benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.</p>\n<p>The outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.</p>\n<p>The PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.</p>\n<p>At the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.</p>\n<p>The operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.</p>\n<p>Microsoft&nbsp;said&nbsp;in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also&nbsp;issued patches&nbsp;to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also&nbsp;closed&nbsp;the $8.1 billion acquisition of video game maker ZeniMax Media.</p>\n<p>Notwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&amp;P 500 over the same time period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157918353","content_text":"KEY POINTS\n\nMicrosoft exceeded analysts’ estimates on the top and bottom lines, as well as revenue guidance.\nWindows revenue growth from device makers was higher than the company had predicted.\nAzure cloud revenue growth was flat from the prior quarter.\n\nMicrosoft shares moved 2.6% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business.\n\nHere’s how the company did:\n\nEarnings:$1.95 per share, adjusted, vs. $1.78 per share as expected by analysts, according to Refinitiv.\nRevenue:$41.71 billion, vs. $41.03 billion as expected by analysts, according to Refinitiv.\n\nThe software and hardware maker posted 19% annualized revenue growth for the quarter, which ended March 31, according to a statement. That’s the biggest quarterly increase the company has posted since 2018, thanks in part to gains in PC sales resulting from coronavirus-driven shortages last year.\nThe company said its Azure public cloud, which competes with market leader Amazon Web Services, grew 50%, faster than the 46% growth analysts had expected, according to a CNBC review of 14 equity research notes. In the prior quarter Azure revenue grew 50%. Microsoft does not disclose Azure revenue in dollars.\nWith respect to guidance, Microsoft is expecting $43.6 billion to $44.5 billion in revenue in the fiscal fourth quarter, said Amy Hood, Microsoft’s finance chief, on a conference call with analysts. At the middle of the range that would represent 16% growth, more than the $42.98 billion consensus estimate among analysts polled by Refinitiv.\n\nMicrosoft’s Intelligent Cloud segment delivered $15.12 billion in revenue in the fiscal third quarter. That was up 23% year over year and above the FactSet consensus estimate of $14.92 billion. Intelligent Cloud contains Azure, Windows Server, SQL Server, Visual Studio, GitHub and Enterprise Services.\nThe Productivity and Business Processes segment, containing Office, Dynamics and LinkedIn, contributed $13.55 billion in revenue, up 15% and more than the $13.49 billion FactSet consensus. The Teams chat and calling app reached 145 million daily active users, up from 115 million in October, Microsoft CEO Satya Nadella said on the call.\nThe company’s More Personal Computing unit, which includes Windows, gaming, devices and search, came up with $13.04 billion in revenue. That was up almost 19% and higher than the $12.55 billion consensus. Technology research company Gartner estimated earlier this month that PC manufacturers shipped nearly 70 million units in the quarter, 32% more than in the year-ago quarter, the fastest growth since Gartner started tracking the PC market in 2000.\nThat benefits Microsoft’s sales of Windows licenses to PC makers, which were up 10%. There are now over 1.3 billion monthly active devices running the Windows 10 operating system, Nadella said.\nThe outcome was greater than Microsoft itself had forecast. In January, Hood called for Windows license revenue from device makers to be up in the low single digits.\nThe PC market endured “significant ongoing constraints in the supply chain,” Hood said on Tuesday.\nAt the same time, the gross margin for Microsoft’s broad Commercial Cloud category of products — including Azure, commercial subscriptions to the Office 365 productivity bundle, cloud-based Dynamics 365 enterprise applications and commercial parts of LinkedIn — narrowed to 70% from 71%. The number is important to investors who want to see that Microsoft can continue to make Azure more profitable.\nThe operating margin for the Intelligent Cloud segment that includes Azure also narrowed to 42.5% from about 44.5%. Microsoft’s overall operating margin came in at 40.9%, down from 41.6%.\nMicrosoft said in the quarter it had won a U.S. Army contract worth up to $21.9 billion over a decade for augmented reality headsets based on its latest HoloLens device. The company also issued patches to address vulnerabilities in its Exchange Server on-premises email and calendar software that Chinese hackers exploited. It also closed the $8.1 billion acquisition of video game maker ZeniMax Media.\nNotwithstanding the after-hours move, Microsoft shares are up 18% year to date, compared with a gain of around 12% for the S&P 500 over the same time period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":538,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}