Why is MSFT tanking today after strong earnings beat?

New
CEO10k/day

New

CEO10k/day
Jul 23, 2020 14 Comments

Should I sell?

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TOP 14 Comments
  • Sell it all, right now. Don't delay. It may tank another 1% by EOD, I'm not sure you can bear such huge further losses.
    Jul 23, 2020 1
  • 3% down

    tanking
    Jul 23, 2020 1
    • New
      CEO10k/day

      New

      CEO10k/day
      OP
      2% yesterday and 4% today and still down after hours
      Jul 23, 2020
  • Sell because you clearly can’t handle even minor volatility
    Jul 23, 2020 0
  • National Airlines
    znva25

    National Airlines

    znva25
    Because people spent all their money on TSLA
    Jul 23, 2020 0
  • Cloud growth slowed down yoy when it was supposed to go up due to WFH.

    I think the whole thesis of higher cloud adoption due to WFH is bullshit right now. Who’s implementing all this new cloud adoption when software engineers are being laid off? There’s a strong pattern of tech hiring inducing cloud revenue growth. It’s like laying off mechanics and expecting auto part sales to grow faster.
    Jul 23, 2020 3
    • The cloud customer base are software engineers at other companies.

      Cloud companies not laying off yet is like auto parts companies not laying off their manufacturing staff, there’s a lag between mechanics’ layoffs and manufacturers’. Also, Microsoft already started with some lay offs in Azure. I think Amazon is still hiring due to e-commerce, not cloud.
      Jul 23, 2020
    • Coherent Logix
      Alpha_7

      Coherent Logix

      Alpha_7
      Almost all companies are shifting their infrastructure or their services to the cloud. Most of the layoffs are to cut expenses. Microsoft does this kind of trimming occasionally but almost every is using Covid as an excuse.

      I think you were right about higher cloud adoption being higher right away. It will happen but sometime in the future.
      Jul 23, 2020