Your Daily Brief For October 25th

Your Daily Brief For October 25th

about 1 month ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll look at how resilient Microsoft and Alphabet's quarterly revenue growth was – even though their cloud division fortunes have diverged.

"Investors expect a lot from Big Tech, which means major companies are measured against lofty targets. It's not simply enough to beat estimates on the whole: you need the right division to beat them."

Key takeaways:

  • Microsoft and Alphabet both beat quarterly revenue expectations, but their cloud divisions had diverging results
  • Activity in the eurozone’s private sector saw a bigger-than-anticipated decline in October


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