Microsoft/Google EPS and revenues beat expectations

Microsoft earnings beat on the top and bottom line:

• Earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term-per-share $2.45 versus $2.23 expected
• Revenues $52.9 billion versus $51.02 billion expected
• Cloud revenue $28.5 billion versus $28.15 billion expected
• Intelligent cloud revenue $22.1 billion, up 16%
• Productivity and business processes +11% to $17.5 billion

Microsoft shares are trading at $287.11 after closing at $275.56 up 4.20%.

Google also came in better

• Revenues 69.8B versus a $68.96 billion expected
• EPS $1.17 versus $1.08 expected
• YouTube revenue $6.69 billion versus expected $6.65 billion expected
• advertising revenue $54.55 billion versus $53.79 billion expected
• service revenues $61.96 billion versus $61.27 billion expected
• cloud revenue $7.45 billion versus $7.46 billion expected

Shares of Alphabet are trading up around 4.1% in after-hours trading (4:07 PM ET)

In other earnings:

Texas Instruments:

• EPS $1.95 versus $1.78 expected
• revenues come in at $4.3 billion versus $4.3 billion expected
• For the next quarter see EPS at $1.62 – $1.88 versus expectations of $1.83 on revenues of $4.17 billion – $4.53 billion (expected $4.44 billion)

Shares of Texas Instruments are trading down to $167.50 versus $169.39 closing level

Visa:

• earnings-per-share $2.09 versus $1.99 expected
• revenues of $7.99 billion versus $7.79 billion expected

Visa shares are trading up $4.65 or 2.03% at $234 in after-hours trading.

Chipotle

• EPS $10.50 versus $8.92 estimate
• revenues $2.37 billion versus $2.34 billion estimate

Chipotle shares are trading up 3% at $1837.72