Account
New to ADSS? Open an
account now to get started.
Already have an account?
Add funds to your ADSS account
Account
New to ADSS? Open an
account now to get started.
Add funds to your ADSS account
News
Thursday, July 31, 2025
What’s happening: Shares of Microsoft and Meta Platforms rallied on their quarterly results, released after the closing bell on Wednesday.
What happened: Both tech giants reported better-than-expected sales and earnings.
Both Microsoft and Meta also issued strong sales guidance for their current quarter, providing a further boost to their stocks.
How were the results: Both companies reported double-digit revenue growth for the latest quarters.
Why it matters: Microsoft’s stock made gains, taking the market capitalisation past $4 billion in after-hours trading on Wednesday. With this, the software giant joined Nvidia, which topped the $4 trillion market valuation level for the first time earlier this month.
Microsoft’s Intelligent Cloud revenues grew by 26% year-over-year to $29.9 billion, while revenues at the More Personal Computing division rose 9% to $13.5 billion.
Microsoft 365 Commercial cloud revenues rose 18% year-over-year, while Microsoft 365 Consumer cloud revenues gained 20% in the quarter.
“Cloud and AI is the driving force of the business transformation across every industry and sector. We’re innovating across the tech stack to help customers adapt and grow in this new era,” CEO Satya Nadella said.
The company guided to sales of $74.70-$75.80 billion for the current quarter.
Meanwhile, Meta said Family daily active people rose 6% year-over-year to 3.48 billion, while ad impressions gained 11% year-over-year, with the average price per ad rising 9% year-over-year during the recent quarter.
“We’ve had a strong quarter both in terms of our business and community. I’m excited to build personal superintelligence for everyone in the world,” CEO Mark Zuckerberg said.
Meta guided to revenues of $47.5-$50.5 billion for the last quarter.
How shares responded: Microsoft’s shares climbed 8.3% to $555.74 in the extended hours, while Meta’s stock jumped 11.5% to $775.10 following their release of quarterly results.
What to watch: Investors await the release of earnings reports from other US tech giants, including Apple and Amazon.com today.
Context: The AUD/USD forex pair rose this morning as investors digested the latest economic reports.
Details: Data released this morning showed private house approvals in Australia declined 2% to 9,142 units in June, after falling by 1% in May. Building permits rose by 11.9% to 17,076 units in June, following a revised 2.2% gain in May.
Australia’s export prices declined by 4.5% in the second quarter, following a 2.1% gain in the previous quarter, signalling the first downturn in three quarters. Import prices declined by 0.8% in the second quarter. Retail sales grew by 1.2% in June, accelerating from 0.5% in May and topping market estimates of 0.4%.
Some weakness in the US dollar lent support to the AUD/USD forex pair. The US dollar index, which measures the greenback’s performance versus a basket of major peers, fell around 0.1% to 99.76 this morning.
The AUD/USD pair gained around 0.2% to 0.6450 this morning. The S&P/ASX 200 had declined by 0.22% to 8,737.00 on Thursday.
What to watch: Data on S&P Global manufacturing PMI (0300 UAE Time) and PPI (0530 UAE Time) from Australia will be released on Friday. Analysts expect the S&P Global Australia manufacturing PMI to improve to 51.6 in July from 50.6 in the previous month. Australia’s final demand Producer Price Index is projected to rise by 0.5% in the second quarter, following a 0.9% gain in the previous quarter.
Other Markets: European indices closed mostly higher on Wednesday, with the FTSE 100, DAX 40 and CAC 40 up by 0.01%, 0.19% and 0.06%, respectively, and the STOXX Europe 600 Index down by 0.02%.
US President Donald Trump threatened to impose 25% tariffs on India, saying that the country’s purchase of oil from Russia is extending the ongoing war in Ukraine. The news sent the RUB/USD pair lower in forex trading this morning.
China’s official NBS non-manufacturing PMI declined to 50.1 in July, from 50.5 in the previous month. Services activity remaining in the expansion zone lent support to the CNY/USD forex pair.
Japan’s retail sales grew 2.0% year-over-year in June, accelerating from 1.9% in the previous month. The latest reading topping market estimates of 1.8% sent the JPY/USD pair higher in forex trading this morning.
The Hong Kong Monetary Authority maintained its base rate at 4.75% at its latest meeting, which lent support to the HKD/USD forex pair.
South Korea’s retail sales climbed 0.5% in June. This being the first gain in four months sent the KRW/USD pair higher in forex trading this morning.
Italy’s unemployment rate (1200 UAE Time) and PPI (1400 UAE Time), Spain’s current account (1200 UAE Time), Turkey’s tourist arrivals (1200 UAE Time), foreign exchange reserves (1530 UAE Time) and MPC meeting summary (1500 UAE Time), Eurozone’s unemployment rate (1300 UAE Time), Italy’s inflation rate (1300 UAE Time), South Africa’s PPI (1330 UAE Time), balance of trade (1600 UAE Time), interest rate decision (1700 UAE Time) and M3 money supply (1800 UAE Time), India’s government budget value (1430 UAE Time), Brazil’s gross debt to GDP (1530 UAE Time), nominal budget balance (1530 UAE Time) and unemployment rate (1600 UAE Time), US Challenger job cuts (1530 UAE Time), core PCE price index (1630 UAE Time), personal income (1630 UAE Time), personal spending (1630 UAE Time), employment cost index (1630 UAE Time), initial jobless claims (1630 UAE Time), continuing jobless claims (1630 UAE Time), Chicago PMI (1745 UAE Time), EIA natural gas stocks change (1830 UAE Time), 4-week Bill auction (1930 UAE Time), 8-week Bill auction (1930 UAE Time), 15-year mortgage rate (2000 UAE Time) and 30-year mortgage rate (2000 UAE Time), Germany’s inflation rate (1600 UAE Time), as well as Canada’s GDP (1630 UAE Time), and average weekly earnings (1630 UAE Time).
ADSS
8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
ts@adss.com
+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.
ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
