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Microsoft (MSFT), Meta Platforms (META) Reported “Home Run” Results: Dan Ives’ Recent Comments

Microsoft (MSFT) and Meta Platforms (META) delivered “home run” results yesterday, as the AI Revolution has not been slowed by the Trump administration’s tariffs, Dan Ives, the Managing Director and Senior Equity Research Analyst at Wedbush Securities said on CNBC recently.

Ives covers tech stocks.

Tech Is Poised for a Comeback, Ives Indicates

“The tech trade changes after (the) results (of META and MSFT,)” Ives said. Companies “are going full speed ahead” on technology, while the large cloud players are in some respects accelerating, Ives reported.

“Big tech is fuelling” the AI Revolution, and “Big Tech is really holding up,”  he said.

Ives’ Comments on MSFT’s Azure and AMZN’s AWS

The Q1 revenue growth of Azure, Microsoft (MSFT)’s cloud-infrastructure unit, came in ahead of analysts’ average estimate, Ives noted. “Many thought” that the unit’s top-line expansion would be below the mean estimate, according to Ives.

In the wake of Azure’s beat, Ives thinks that AWS, Amazon (AMZN)’s cloud-infrastructure unit, will deliver “strong”  numbers.


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This article is originally published at Insider Monkey.