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MSFT down $30 (7%) after earnings announcement. $200 Billion in Market Cap just went poof.

Posted on 7/30/24 at 3:09 pm
Posted by Wolf of Wall Street
Member since Jul 2024
26 posts
Posted on 7/30/24 at 3:09 pm
Maybe if they just say AI enough times in the earnings call it can rally


AMD Beat , up almost 3% after hours.
NVDA went from down 4% after MSFT earnings to up 3% after AMD earnings.

FED Meeting Tomorrow and Interest Rate Decision.
Gonna be a volatile day tomorrow.
This post was edited on 7/30/24 at 3:41 pm
Posted by sjmabry
Texas
Member since Aug 2013
18838 posts
Posted on 7/30/24 at 3:25 pm to
quote:

AMD Beat
Shocked by this news more than $MSFT being down. S&P 500 about to bleed red tomorrow.
Posted by Wolf of Wall Street
Member since Jul 2024
26 posts
Posted on 7/30/24 at 3:31 pm to
quote:

S&P 500 about to bleed red tomorrow.


MSFT has an 8.5% Weighting in the QQQ.

AMD up 6% after hours and taking NVDA higher with it, helping to offset the MSFT debacle
This post was edited on 7/30/24 at 3:39 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
15838 posts
Posted on 7/30/24 at 3:42 pm to
Dang been waiting for another chance to get some more Msft shares . If it gets in the low 390s tommorrow im adding more shares.
Posted by Wolf of Wall Street
Member since Jul 2024
26 posts
Posted on 7/30/24 at 3:45 pm to
quote:

Dang been waiting for another chance to get some more Msft shares . If it gets in the low 390s tommorrow im adding more shares.


It's 395 now.
Was in the 380's a few minutes ago.
This post was edited on 7/30/24 at 4:03 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 7/30/24 at 4:55 pm to
I want to know what their capex spending is. That will determine whether nvidia benefits
Posted by Jjdoc
Cali
Member since Mar 2016
55386 posts
Posted on 7/30/24 at 5:04 pm to
There are some good deals.
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