Microsoft provided weak guidance on its next fiscal quarter primarily due to its lagging cloud business Azure.Shares of Microsoft (NASDAQ: MSFT) declined 7% in Tuesday’s extended trading after the company projected weak quarterly guidance. On its latest earnings call, the tech giant reported that its fiscal first quarter had cloud revenue coming in lower than expected. However, Microsoft beat analysts’ expectations on the top and bottom lines.For instance, the tech giant reported a revenue...
Read More »Microsoft (MSFT) Stock Is Up 5.31% Now, Is It True Winner on the Market?
On Monday Microsoft stock experienced a 5% market rise. The global computer software firm is well-placed to outlive the coronavirus storm better than many other stocks.Global computer software firm, Microsoft Corporation (NASDAQ: MSFT) stock has experienced a 5% market rise on Monday. Since sliding during the coronavirus sell-off, the firm’s stock did not plunge into the red in the first quarter. However, the firm’s stock trades 17% below it high on February 17.In the firm’s fiscal...
Read More »Microsoft (MSFT) Shares Rise 6.87%, Microsoft Cloud Services See 775% Spike
Microsoft (MSFT) stock rose by over 6% to trade at $159.99 on March 30. The spike is attributed to a 775% rise in the Microsoft Cloud services usage, as more people stay at home amidst coronavirus outbreak.Microsoft Corporation (NASDAQ: MSFT) shares experienced a sharp uptick of 6.87% in the late European trading hours, to clinch at $159.99. The spike in stock is being attributed to the rise in usage of its services as the coronavirus outbreak pushes people to stay at home and find...
Read More »Microsoft Stock (MSFT) Rose 6% Yesterday, Company Announced Affirmed Networks Acquisition
Microsoft (MSFT) stock rose by over 6% yesterday after the company announced it had acquired Affirmed Networks to deliver new opportunities for a global 5G ecosystem. The FAANG stocks were on the winning side with a surge of 5% on average.Wall Street yesterday had many traders pocket some profits and also others cut some losses. This is after Microsoft Corporation (NASDAQ: MSFT) stock rose by over 6% in a day. The positive jump is being attributed to several fundamental factors that have...
Read More »Microsoft (MSFT) Stock Was Over 6% Up in Premarket, Now It Is Also in Green
The S&P 500 closed Thursday nearly 27% below its February high, meaning it took just a matter of weeks for a bear market to roll around. Microsoft fell as well. This month, MSFT is lower by 24%. But yesterday, it started gaining again.The recent sell-off in Microsoft Corporation (NASDAQ: MSFT) seems like a huge buying opportunity. Since February 19, Microsoft stock has dropped 28% even though it makes no sense. Or does it?At the time of writing, Microsoft (MSFT) stock is trading at...
Read More »AAPL, MSFT Stocks Down 10%, Sell-Off Threatens Apple and Microsoft Trillion-Dollar Values
Apple and Microsoft have lost around $400 billion each during the latest market sell-off over the last month. Analysts weigh in suggesting Microsoft a better buy over Apple at this stage.There’s bloodbath on Wall Street this week with almost all indices crashing to the tune of 5% and above every single day. While the Dow Jones crashed 10% on Thursday, bluechip company stocks also came tumbling down. Tech giants like Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) have also...
Read More »AAPL and MSFT Stocks Dive on Coronavirus Outbreak, Apple Team Asked to Work Remotely
Calling the coronavirus pandemic as an “unprecedented moment”, Apple boss Tim Cook asked employees to work remotely. The virus outbreak has sent tremors all across Wall Street. Trading on U.S. exchange closed for 15 minutes on Monday market opening.As the fears of coronavirus continue to aggravate further, markets continue to make new lows. Even giants like Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) are feeling the heat of this pandemic. Today, both APPL and MSFT stocks...
Read More »Amazon, Google, Microsoft, Facebook in Seattle Working from Home Due to Coronavirus
Amazon, Facebook, Google and Microsoft are all encouraging employees in the Seattle area to work from home due to concerns about the coronavirus as the outbreak in Washington grows.The coronavirus grew more deadly in the United States, with the death toll climbing to 12 on Thursday. Throughout the country, more than 225 cases have been confirmed. Yesterday, U.S. Senate has agreed on an $8 billion emergency funding package that is headed to the President. Lawmakers across the country are...
Read More »Microsoft (MSFT) Stock Down 2.51%, Two Employees Infected with Coronavirus
While the coronavirus fears are spreading in the U.S., many tech giants are under their influence as well. MSFT stock lost over 2% yesterday and continues falling in the premarket.Microsoft Corporation (NASDAQ: MSFT) reported that two of its employees in Washington state have been infected with the coronavirus.Meanwhile, Microsoft stock yesterday lost 2.51% and fell to the level of $166.27. The current market cap of the company is 1.26 trillion. In the premarket, MSFT continues falling while...
Read More »Microsoft (MSFT) Stock Rose 6.65% on Monday, No Coronavirus Worries
Without a doubt, investors should brace themselves for more declines in Microsoft (MSFT) stock as the coronavirus rages on. But for investors with a longer-term view holding on to this software giant should prove to be a smart move.Stocks on Wall Street traded higher in the premarket on Tuesday following a report that a drug made by American company Gilead Sciences will soon start trials on patients infected with the coronavirus. Last night, the Dow Jones recorded its largest daily point...
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