Microsoft shares tumbled Thursday after the company’s weaker-than-expected fiscal second-quarter cloud growth prompted some analysts to be more cautious about the stock.
Microsoft reported fiscal second-quarter Intelligent Cloud revenue that missed analysts’ expectations, dragging shares lower after the bell Wednesday.
Microsoft stock fell almost 4% in pre-market trading on Thursday on the news. Microsoft’s Commercial Cloud segment revenue, which includes cloud services sales, saw revenue of $40 billion ...
Moreover, its guidance for the current quarter came up short, sending its stock lower after-hours. Microsoft reported earnings before certain costs such as stock compensation of $3.23 per share ...
Cloud is the big engine for Microsoft bulls, and it disappointed in the latest quarter. That's likely the biggest driver of the pressure on Microsoft's stock, which fell more than 4% in Wednesday ...
Microsoft (NASDAQ: MSFT) stock is gaining ground in Wednesday's trading following new artificial intelligence (AI) infrastructureinvestment news The company's share price was up 3.9% as of 2:15 p ...
It's uncertain whether these investments will accelerate Microsoft's growth to justify its high valuation. Other analysts seem to agree. Out of 58 analysts that cover the stock on Wall Street ...
Currently, shares trade at $429.03, meaning your investment's value could have grown to $92,483 from stock price appreciation alone. However, Microsoft also paid dividends during these 10 years.
Shares of Microsoft (MSFT) are down after the technology giant reported Fiscal second quarter financial results that showed weak growth in its Azure cloud computing unit. Microsoft did manage to ...
Dow Jones and NASDAQ both trend lower ahead of Fed rate call. Microsoft (MSFT) stock shed weight in the early going on Wednesday ahead of the Federal Reserve’s (Fed) latest interest rate ...
This is below Microsoft's average earnings growth over the last 10 years, which was 23%. Despite lower earnings growth expectations, the stock trades at a high price-to-earnings (P/E) ratio of 35.