microsoft stock Archives

Nvidia Passes Apple in Market Cap as Second-Most Valuable Public US Company

Nvidia is the second largest company in the US, now only behind Microsoft, which overtook Apple earlier this year.

Microsoft Beats Q1 2024 Revenue Expectations with High Demand for Cloud Services

Artificial Intelligence, Business News, Cloud Computing, Market News, News

By Chimamanda U. Martha Oct 25, 2023

According to the earnings report, Microsoft’s commitment to AI-driven solutions yielded remarkable results, with the Azure OpenAI Service witnessing a significant rise in its customer base.

Microsoft (MSFT) Shares Slip 3.7% After Hours Following Mixed Q4 2023 Earnings Results

Business News, Market News, News, Stocks, Wall Street

By Steve Muchoki Jul 26, 2023

The impressive revenue performance was largely driven by the Microsoft Cloud segment.

Business News, Deals News, Market News, News, Stocks

FTC Files for Temporary Restraining Order against Acquisition of Activision Blizzard by Microsoft

By Steve Muchoki Jun 13, 2023

Microsoft wants to acquire the video game holding company valued at approximately $70 billion but the FTC is against the move for an anti-competition stance.

Artificial Intelligence, Business News, Market News, News, Stocks

Microsoft Fiscal Q3 2023 Report Beats Estimates, MSFT Stock Up 7% in Pre-market

By Tolu Ajiboye Apr 26, 2023

In its fiscal Q3 2023 report, Microsoft CFO Amy Hood stressed that the company would continue to prioritize AI-related endeavors.

Artificial Intelligence, Business News, Market News, News, Stocks

Alphabet (GOOGL) Stock Price Dips Over 2.5% amid Reports of Samsung Switching to Microsoft Bing

By Bhushan Akolkar Apr 18, 2023

The GOOGL stock price took a beating as Alphabet’s search monopoly on Samsung smartphone handsets come under threat.

Business News, Market News, News, Stocks, Wall Street

Microsoft Issues Weak Revenue Forecast for FY23 Q3

By Ibukun Ogundare Jan 25, 2023

The company’s revenue forecast for the fiscal third quarter is between $50.5 billion and $51.5 billion.

Business News, Market News, News, Stocks, Technology News

Microsoft Acknowledges First Union Comprising of ZeniMax Software Testers

By Ibukun Ogundare Jan 4, 2023

The first Microsoft union came to light after the establishment of three unions by groups of employees at three studios owned by Activision.

Business News, Market News, News, Stocks, Wall Street

Microsoft Stock Takes Hit Following Weak Fiscal Second Quarter Guidance

By Tolu Ajiboye Oct 26, 2022

Microsoft provided weak guidance on its next fiscal quarter primarily due to its lagging cloud business Azure.

Business News, Indices, Market News, News, Stocks

Apple Stock Downgrade Sends Microsoft, Alphabet, Other Tech Shares Lower

By Tolu Ajiboye Sep 30, 2022

Apple’s stock downgrade by Bank of America has sparked a fresh tech selloff which sees Alphabet, Microsoft, Tesla, others impacted.

Business News, Market News, News

Microsoft (MSFT) Stock Advances 5% on Impressive Financial Guidance Despite Missing Estimates in Q4 2022 Results

By Ibukun Ogundare Jul 27, 2022

Microsoft expects its revenue for the coming quarter to fall between $49.25 billion and $50.25 billion.

Business News, Deals News, Market News, News, Stocks

MSFT Stock Rallies but ATVI Slips to Its Lowest Price Since Proposed Acquisition

By Godfrey Benjamin Apr 28, 2022

The Microsoft (MSFT) deal with Activision Blizzard is expected to close before July 2023.

Business News, Cloud Computing, Market News, News, Stocks

Microsoft Announces Impressive FY 2022 Q3 Results Fueled by High Cloud Services and Software Demand

By Ibukun Ogundare Apr 27, 2022

Microsoft revealed that Office Commercial products and cloud services spiked 12% in FY 2022 Q3.

Business News, Market News, News, Stocks, Wall Street

Microsoft Announces Earnings and Revenue for Fiscal Q2 2022, Issues Impressive Forecasts

By Ibukun Ogundare Jan 26, 2022

Microsoft had $36.77 billion in unearned revenue at year-end. This is below the StreetAccount consensus of $36.90 billion.

Business News, Market News, News, Stocks

Microsoft (MSFT) and Other Tech Stocks Continue with Sell-Off, Pushing Major Indexes Lower

By Steve Muchoki Jan 6, 2022

Some market commentators think the US Fed is to be blamed for the worst tech stock kick-off since the 2008 financial crisis.