📈 Microsoft and Alphabet Crush Earnings

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US stocks took a bit of a dive on Tuesday, with the Dow dropping almost 1%. But don't let that get you down too because there's plenty of good news to go around in the world of earnings!

Microsoft absolutely crushed it with their third-quarter results, beating analyst estimates like it's nobody's business. And Alphabet, the proud parent company of Google, just reported some pretty sweet first-quarter results that exceeded even the most optimistic expectations.

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Markets

Global markets update: US stocks slip on recession fears, weak earnings (5 minute read)
US stocks had a bit of a bummer on Tuesday - the S&P 500 fell by 1.44%, the Dow Jones Industrial Average took a 0.99% dip, and the Nasdaq Composite tanked by 1.72%. Yikes! To add to the mix, a report came out showing that US consumer confidence hit a nine-month low in April. On the bright side, the US dollar did get a little boost as Joe Biden confirmed his bid to run for re-election as US president in 2024.

Investing

Microsoft up 8% as FQ3 results top estimates on cloud resilience (2 minute read)
It's time for some good news - Microsoft (MSFT) knocked it out of the park with their third-quarter results! Despite worries about slowing consumer spending, their cloud business held things together and led to an amazing report that beat all the experts' expectations. As a result, Microsoft shares are trading a solid 7.5% higher in pre-market trade. Just to put it in numbers, they announced EPS of $2.45 on revenue of $52.9 billion, which crushed the predicted EPS of $2.24 on revenue of $51.12B by analysts!

Alphabet reports revenue and earnings beat for first quarter (4 minute read)
Alphabet (aka Google's parent company, GOOGL) just reported some seriously good first-quarter results that exceeded the experts' expectations. The stock jumped over 4% in extended trading, although it did calm down a bit after that. The company's board also gave the green light for a $70 billion share buyback. For those of you who like to get into the nitty-gritty, here are the deets: earnings were $1.17 per share versus the expected $1.07 per share, and revenue was $69.79 billion versus the expected $68.9 billion.

3 Hypergrowth Stocks to Buy in 2023 and Beyond (5 minute read)
If you're looking to add some growth stocks to your portfolio, then you gotta make sure they're in the right sectors - we're talking AI, cloud computing, and VR/AR, baby! These markets are going to be huge in shaping our devices going forward, so investing in the companies behind these technologies is a no-brainer. We’re talking about the big guns like Advanced Micro Devices (AMD), Nvidia (NVDA), and Microsoft (MSFT). They're currently crushing it in the development of several growing markets, making their stocks a super compelling buy.

Money

Your Life Expectancy Depends Greatly On Wealth And Location (5 minute read)
I hate to break it to you, but the older you get, the more you realize that life is a precious commodity, and you want to make it last as long as possible, are we right? As you'll see in this article, there's a strong correlation between life expectancy, wealth, and location. Sadly, life expectancy at birth fell in 2021 to its lowest level since 1996 (according to the Centers for Disease Control and Prevention), following a decline of 1.8 years from 2019 to 2020. Yikes!

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