Market Report Oct 25 2023

Written By Javid Shaik

During Tuesday's trading session the S&P 500 reversed its five-day downward trend, settling above its DVI. Though not at their peak levels, all primary indices concluded in the green within the top third of their daily range.

MSFT fiscal Q1 2024 financial results surpassed expectations, with both earnings and revenue outperforming estimates. Additionally, Azure's cloud computing segment registered a 28% revenue growth, marginally above anticipated levels.

GOOGL earnings and revenue slightly exceeded expectations. While advertising revenue showcased robust performance, Google Cloud's revenue narrowly missed the forecasted figures.

Javid Shaik

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