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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%.
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 ...
August 9, 2024 at 7:00 AM. Microsoft (NASDAQ: MSFT) has been one of the top tech names to own over the past five years. The stock steadily marched up, with few dips in the middle. A lot of that ...
Microsoft's stock drop of about 29% so far in 2022 amid growth concerns now looks overdone, Morgan Stanley says. ... Read the latest financial and business news from Yahoo Finance.
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 ...
Let’s get into that news below!InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pre-Market Stock Movers: 10 Top Gainers Galera Therapeutics (NASDAQ:GRTX) stock is soaring more than ...
The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. [1] Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25 divestments. Of the companies that ...