Microsoft to Report Q2 Earnings: Analyst Estimates and Key Developments
Earnings Call Details:
* Date: Wednesday, January 9, 2024
* Time: After market close
Analyst Estimates:
* Revenue: $68.9 billion
* Net Income: $23.3 billion
* Earnings Per Share: $3.11
Recent Developments:
* Copilot Studio Enhancements: Customers gain the ability to build autonomous agents that comprehend and assist in work activities.
* Dynamics 365 Updates: Microsoft introduces 10 new autonomous agents for enterprise workers in various industries.
* Stargate Partnership: Microsoft joins the $500 billion AI infrastructure project led by OpenAI, becoming a "key technology partner."
Exclusive Compute Agreement with OpenAI:
* Microsoft retains early access to new capacity but allows OpenAI to secure additional compute for research and training purposes.
* This agreement strengthens Microsoft's partnership with OpenAI, a significant investor in the company.