cryptocurrencies It was important for the company that these earnings reports were positive as it would provide indirect benefits. After the Fed meeting went relatively well, everyone’s eyes were on the earnings reports that would come as the market closed. The reports were good as expected. Next is the meeting between Trump and Xi.
Earnings Reports and Crypto
The earnings reports of trillion-dollar technology companies exceeding expectations are important for the continuation of growth in risk markets. NVIDIA and other technology companies are making larger investments as they become more valuable with AI-powered growth. They push the stock market index up and increase the appetite for risk markets. This situation is Bitcoin
$112,960.43 and positively impacts others.
Meta While the expectation for revenue was $49.59 billion, revenue came in at $51.2 billion. It predicts Q4 revenue will be between $56 billion and $59 billion, forecast is $57.38 billion
Microsoft Earnings per share were $3.72 versus estimates of 3.67. Revenue was $77.67 billion versus expectations of $75.55 billion. Azure and Other Cloud revenue +39% excluding exchange rate, forecast +37.1%. Smart Cloud revenue was $30.9 billion, forecast was $30.18 billion.
Alphabet (Google) $2.87 per share versus expectations of $2.26 earnings per share. Revenue is $102.35 billion versus $99.85 billion. Its shares rose after the close and continue the day up 2.5% at $275. Google Services revenue $87.05 billion, estimated at $84.67 billion. Alphabet sales beat forecasts thanks to Google Cloud’s growth. Operating income $31.23 billion, forecast $32.11 billion.
eBay EPS above expectations net income $2.82 billion (est. 2.73 billion) and gross merchandise volume $20.11 billion, estimate $19.37 billion. While active users were expected to be 135.1 million, it came to 134 million. It predicts Q4 net income will be between $2.83 billion and $2.89 billion, with the estimate being $2.8 billion. It projects fiscal year net income to be between $10.97 billion and $11.03 billion, with the forecast at $10.85 billion.

BTC For now, he ignored the good earnings reports and did not care about the dovish tone of the Fed. It may become more active in the following hours due to the statements or expectations following the Trump-Xi meeting at 18:00 on Thursday. ETF flow will be determined in the coming hours. If the appetite has increased, BTC may rise with the Asian market opening.

