Tag Archives: msft stock price

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...

Microsoft has hinted that its upcoming game streaming service xCloud, will be officially launched next year. The company has also announced a few new games that will be launched along with xCloud and will also be available on the current Game Pass feature available.At the company’s XO19 Xbox event currently ongoing in London, Microsoft made the revelation about xCloud, adding further details including that all xCloud subscribers will have access to the over 100 games available currently on...

Tech-giant Microsoft released its earnings report from their first quarter on Wednesday but MSFT stock hasn’t shown any bigger movements. At the time of writing, however, the stock in premarket went up by 0.64% to $137.24.The results were better-than-expected meaning earnings came to $1.38 per share, excluding certain items. Analysts expected $1.25 per share. Revenue was $33.06 billion that was slightly more than analysts’ expectations of $32.23.Revenue grew 14% in the first quarter of...

For a long time now, FAANG stocks have been the unofficial standard by which the S&P 500 is measured. FAANG which is an acronym for five of the biggest tech and internet companies – including Facebook, Apple, Amazon, Netflix and Google parent Alphabet Inc., – were regarded by investors, traders and even analysts alike, as the stocks that account for a large percentage of the general returns gotten from the index.For the better part of 2018, FAANG pulled in amazing returns for investors...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

Principal Founder of the Microsoft Corporation, Bill Gates, has been very popular for many years not just for his contribution to the tech space but is also known far and wide for how much wealth he’s been able to amass over the years.Gates who is also known for his many humanitarian efforts including consistent philanthropy, gave away more than $35 billion of his wealth to charity in 2019 alone, according to Bloomberg. Regardless of this, Gates still added $16 billion to his net worth in...