Yesterday CRM, one of the names we have seen outsized flow, rallied 26% on earnings – a less than ideal outcome for those short volatility from all the call buying. As the street got trapped being short vol, other names in the basket saw 3-4 standard deviation moves higher as well ...
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The company reported $64.7 billion in revenue, $245.1 billion for the full year, and an upward trajectory across all its divisions in its FY24 Q4 earnings report. Following the report, investors raised concerns over Microsoft's exorbitant expenditure on AI projects, which don't ...