Microsoft Performance
Microsoft's shares surged 38% in the latest quarter, boosting the Bretton Fund's return to 1.6% as noted in the fund letter [1]. The rally reflects strong Azure momentum and a planned $50 billion capital expenditure run‑rate for the quarter [2].
Upcoming Microsoft Earnings
Microsoft will report fiscal Q1 2027 earnings after the market closes on Wednesday, Oct 28 [2]. Analysts and investors are zeroing in on Azure growth, the $50 billion capex plan, and guidance for the next quarter.
Meta Q3 Review
Meta posted a 10% drop in Q3 earnings, impacted by a non‑recurring charge, but the decline is viewed as potentially overstated [3]. Management highlighted AI‑driven ad growth and easing cost pressures, while signaling a sharp increase in Q4 capex.
Market Outlook
The S&P 500 is described as being at a crossroads, with some analysts framing the current level as a buying opportunity despite mixed signals from the tech megacap space [4].