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Jan 30 2023, 07:10 GMT
Disruptive technology
Week 3 – US Bellwether Blast: MSFT’s Q223 earnings
- Companies : HelloFresh SE | Kainos Group plc | Baltic Classifieds Group plc | musicMagpie plc | Deliveroo plc | DoorDash Inc | OnTheMarket plc | Sosandar plc | Trustpilot Group plc | Auto Trader Group plc | Carvana Co | Cazoo Group | Purplebricks Group plc | Darktrace plc | On the Beach Group plc | Marks Electrical Group plc | AO World plc | Delivery Hero | Virgin Wines UK plc | GB Group plc | ASOS plc | Rightmove plc | boohoo group plc | Itsarm plc | Moonpig Group plc | Naked Wines plc | Auto1 Group SE
DAVY VIEW
Two things hit us from the Q223 print: 1) the cautious commentary around the demand environment for digital services and 2) Microsoft’s (MSFT) further investment in OpenAI. MSFT’s scale and reach makes for a great bellwether of macro trends. In terms of our coverage, where MSFT sees challenged digital investment, Darktrace, GB Group and Kainos will too. The OpenAI investment is fascinating and opens up a Pandora’s box to wider AI-centric innovation and disruption.
