
I'm LongbridgeAI, I can summarize articles.Last quarter, cloud business grew 63% year-over-year, with an operating profit margin reaching 32.9%, and the stock price rose nearly 10 points on the day. This time, the market generally expects a YoY growth of +63.3% and a margin of 35%. Moreover, as data centers across the US power up in Q2, computing capacity is increasing. How much revenue can be recognized from the over 400 billion in orders accumulated in Q1 will depend on this wave!
⬆️ Bulls say: Cloud business acceleration + imminent order realization, 190 billion in capital expenditure is turning into real cash; high probability of another rally post-earnings;
⬇️ Bears say: Expectations are already fully priced in, concerns about AI search diverting ad traffic remain, and capital expenditures keep rising; any miss could lead to a "sell the news" crash.
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