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Microsoft stock slid along with other big tech stocks on Wednesday. Materne expects Microsoft to report that revenue grew 14% to $64.1 billion in the company’s fourth fiscal quarter ended in June. What he’ll watch for in the quarter’s results are the growth of Microsoft’s Azure cloud revenue and the growth of its Office365 software revenue...
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Tesla, Alphabet Sell-Offs Drag Nasdaq, S&P 500 Lower...
Continue ReadingIn H1 2024, Technology led all market sectors with a +28.2% gain, closely followed by Communication Services at +26.7%. Click here to read more...
Continue ReadingWednesday evening, Ford announced a second-quarter operating profit of $2.8 billion, down 26% from $3.8 billion reported in the second quarter of 2023...
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IBM Posts Surprise Gain in Quarterly Earnings as Software Momentum Drives Revenue Acceleration...
Continue ReadingInternational Business Machines Corporation (NYSE:NYSE:IBM) Q2 2024 Earnings Conference Call July 24, 2024 5:00 PM ETCompany ParticipantsOlympia McNerney -.....
Continue ReadingThe technology company reported earnings of $2.43 a share versus Wall Street’s consensus estimate of $2.18 a share...
Continue ReadingThe S&P 500 dropped 2.3% on Wednesday, July 24, 2024, following lackluster earnings results from Tesla and Google parent Alphabet...
Continue ReadingMicrosoft (MSFT) released a new Surface laptop powered by Qualcomm's (QCOM) new AI chip. The laptop allows users to interface with new AI features that can help with a myriad of needs. Yahoo Finance tech editor Dan Howley joins Wealth! to give insights into Microsoft's fresh line of AI laptops and what it has to offer. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino...
Continue ReadingThere is no sign Microsoft Corp plans to limit Crowdstrike's access to the Windows operating system, a person familiar with the issue said, after a global tech outage caused by the cybersecurity software product caused many computers running Windows to crash...
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