New York, NY – Meta, Microsoft, Amazon, and Apple, key members of the "Magnificent Seven," have released their Q1 2025 earnings reports, significantly impacting market dynamics. These reports, arriving this week, provide insights into the tech sector's performance amid evolving market conditions.
Microsoft's Strong Cloud and AI Performance
Microsoft (MSFT) reported a strong Q1, exceeding expectations with an EPS of $3.46 against a forecast of $3.23. Revenue reached $70.1 billion, surpassing the anticipated $68.53 billion. Microsoft Cloud revenue was a standout, reaching $42.4 billion. The company's stock surged 7.92% in aftermarket trading, closing at $426.57.
Meta's Community Growth and Business Performance
Meta (META) also had a strong start to the year, with founder and CEO Mark Zuckerberg noting the company's progress in AI glasses and Meta AI, which now boasts nearly 1 billion monthly active users. First-quarter revenue reached $42.31 billion, a 16% increase year-over-year. Diluted earnings per share (EPS) stood at $6.43, a 37% increase.
Amazon's Earnings and Revenue Growth
Amazon (AMZN) is expected to report earnings on May 1, 2025, after market close. Consensus estimates project earnings of $1.36 per share on revenue of $155.1 billion. Amazon Web Services (AWS) is expected to be a primary driver of revenue growth.
Apple's Fiscal Second-Quarter Results
Apple (AAPL) is scheduled to report fiscal second-quarter earnings after the closing bell on May 1, 2025. Analysts expect Apple to report revenue of $94.66 billion, up 4% year-over-year, and net income of $24.45 billion, or $1.62 per share.