Gorila Capital news
Big Tech earnings split: Microsoft rallies, Samsung slips despite record profit
· stkind
Microsoft shares rose about 4% after cloud growth lifted revenue and earnings above expectations. Its capital spending came in below forecasts, which weighed on AI infrastructure names such as CoreWeave. In Seoul, Samsung Electronics fell even after reporting a record third-quarter profit.
Our view
The market now rewards proof of AI revenue and punishes anything that looks like slowing demand. That makes index moves more dependent on a handful of reports. For Nasdaq traders, we expect earnings-day gaps to stay larger than usual through the season.