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Justin Pope, The Motley Fool. August 5, 2024 at 6:30 PM. Tech giant Microsoft (NASDAQ: MSFT) recently closed its fiscal year 2024 with its fourth-quarter earnings report. It's remarkable that the ...
July 24, 2024 at 6:34 PM. Inaction rather than action was a key cause of tech incumbent Microsoft 's (NASDAQ: MSFT) stock dip on Wednesday. A media report stating that the company is apparently ...
August 8, 2024 at 4:07 AM. Microsoft 's (NASDAQ: MSFT) stock is down more than 11% over the last month, brought down by multiple factors. A tech sell-off kicked off in July, fueled by concerns in ...
Wall Street analysts had expected $55.5 billion. Meanwhile, net income for the quarter rose 20% to $20.1 billion, or $2.69 per share. Analysts were expecting $2.55 a share.
The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. [1] Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25 divestments. Of the companies that ...
TheStreet, Inc. TheStreet is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus, [ 1][ 2] a stock recommendation portfolio co-managed by Bob Lang and Chris Versace. [ 3]
Microsoft stock closed at an all-time high on Monday as the ouster of Sam Altman at OpenAI sent shockwaves through the tech world over the weekend, surprising everyone from Microsoft CEO Satya ...
Microsoft ( MSFT) announced its second quarter earnings on Tuesday, beating expectations on the top and bottom lines. The company reported adjusted earnings per share of $2.93 on revenue of $62 ...