Nutanix reports a solid earnings release - Upgrades & Color

$NTNX Moving higher in the pre market after reporting solid earnings last night. Stock originally traded off $2 after the earnings headline.

Company sees Q2 adjusted EPS (36c)-(35c), consensus (37c)  Nutanix sees Q2 adjusted EPS (36c)-(35c), consensus (37c)

#Nutanix options imply 24.7% move in share price post-earnings, above median historical move



Nutanix should be bought on any weakness, says RBC Capital
RBC Capital analyst Matthew Hedberg says that Nutanix reported "strong" results, and he believes that the company's raised Q2 guidance "looks conservative." The analyst says that any weakness in the stock should be used "as an opportunity to own a disruptive vendor in the cross-hairs of hybrid-cloud computing." He raised his price target on the stock to $38 from $36 and keeps an Outperform rating on the shares.

Nutanix should be bought on weakness, says JMP Securities
After Nutanix reported stronger than expected results, JMP Securities analyst John Lucia says that the results were "positive," and notes that the company's billings jumped 87% year-over-year versus the consensus outlook of 63%. The analyst says that the results show "robust momentum in the hyperconverged market and continued market leadership." He recommends buying the shares on weakness.

Microsoft Trades at Dot Com Bubble Levels - All Time Highs

This is a very good thing for the NASDAQ and overall markets. The last time Softee was at these levels was the peak of my trading career at the end of the gogo 90's. I own a Surface Pro and will definitely be looking forward to the launch of the PRO 5. Their earnings had a size-able beat due to the continued loyalty by big business to their office suite, and developing cloud business.

Pre market range $60.11 to 60.48. Last night ALL TIME HIGHS of $60.75 look to be taken

Disclosure: Long $MSFT

Analyst Action:

Microsoft results point to 'successful' mobile cloud strategy, says Oppenheimer 

Following another "strong" quarter, Oppenheimer analyst Timothy Horan says Microsoft's results point to a "successful" mobile cloud strategy which is set to overlay artificial intelligence and may become a dominant full service cloud/communication service for enterprises. Further, the analyst believes multiple recent partnerships and customer wins as well as the pending release of SQL for Linux in the cloud should help drive solid growth over the next few years. He reiterates an Outperform rating and $62 price target on the shares.