Microsoft, Tesla and Apple reported last week (week of 01/24/22) and results came in strong across the group. Investors needs to stay aware of what these companies are doing as they can impact numerous industries, such as semiconductors, cloud and even financial/insurance markets.
Microsoft, Tesla and Apple strong results will likely be a tailwind for the broader technology complex. For example, Tesla, Microsoft and Apple are ramping capex, which will benefit key industries such as semiconductors.
As shown below, Microsoft has ramped capital expenditures, which has been driven by its expansion of cloud computing. This is a strong tailwind for cloud companies, and highlights that cloud remains an area of hyper growth.
