Microsoft reported earnings after the close of trading Wednesday, beating with its results but forecasting a slowdown in its ...
Microsoft shares fell more than 5% on Thursday and headed for their worst day since Oct. 26, 2022, when they dropped 7.7%.
Shares of Microsoft slid Thursday after the company’s revenue forecast fell short of Wall Street’s estimates as the cloud computing giant struggles to meet demand.
The Microsoft stock losses weighed on the broader market, with the S&P 500 down about 1.9% and the tech-concentrated Nasdaq down about 2.8%, the worst respective days for the indexes since early ...
Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower ...
Overall, Microsoft's revenue climbed 16% year over year to $65.6 billion, with earnings per share (EPS) up 10% to $3.30. The ...
Disappointing revenue guidance for Microsoft's cloud business sparked concern about the near-term payoff for its massive AI investment. Shares were down more than 5% in midday trading. Dig deeper: ...
We advise selling Microsoft stock as it underperforms against Big Tech peers and faces an uncertain macro environment. Read more on MSFT stock here.
The stock is trading at a record high but might still be cheap based on its potential future earnings. It will release its ...