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The beats, however, failed to completely satisfy investors, as the stock moved about 1% lower in premarket trading Wednesday. Microsoft's all-important cloud revenue topped out at $33.7 billion ...
For the quarter, Microsoft reported earnings per share (EPS) of $2.95 on revenue of $64.7 billion. Wall Street was anticipating EPS of $2.94 on revenue of $64.5 billion, according to data compiled ...
Concentration in the stock market has also changed dramatically over time. In 2009, the top 10 companies in the world accounted for about 10% of global market cap; today, that ratio is closer to 25%.
Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 ( ^GSPC) neared an all-time high close of 4,796.56 on Wednesday but ...
July 24, 2024 at 6:34 PM. Inaction rather than action was a key cause of tech incumbent Microsoft 's (NASDAQ: MSFT) stock dip on Wednesday. A media report stating that the company is apparently ...
The Consumer Price Index (CPI) showed prices ticked up slightly at 0.1% over last month and 3.1% over the prior year in November, as Yahoo Finance's Alexandra Canal reported.
Stocks closed in the green on Monday, after notching their third straight week of wins as hopes for a retreat in US interest-rate hikes persisted.. The S&P 500 closed up 0.7%, while the Dow Jones ...
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