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Microsoft Shares Slide After Q2 Results, Cloud Revenue Misses Expectations: Details
Wednesday, January 29, 2025 - 5:30pm | 422Microsoft Corp. (NASDAQ:MSFT) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter. The Details: Microsoft reported quarterly GAAP earnings of $3.23 per share, beating the $3.11 consensus estimate. Quarterly revenue clocked...
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3 Stocks Ride A $100 Billion AI Data Center Wave
Tuesday, August 6, 2024 - 12:47pm | 607Despite global market turbulence and growing fears of a U.S. economic slowdown, major tech companies are ramping up their investments in data centers to support the booming artificial intelligence (AI) sector. Tech Giants Double Down On AI Infrastructure Microsoft Corp. (NASDAQ:MSFT), Meta...
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Microsoft's Q4 Results 'Fine' But Not 'Blowout,' Says Top Analyst: Why Azure Slight Miss Has A 'Unique Sting?'
Wednesday, July 31, 2024 - 4:39am | 686Microsoft Corp. (NASDAQ:MSFT) shares fell late Tuesday after the software giant’s cloud revenue missed forecasts and forward guidance came in shy of estimates of some analysts. Market watchers and analysts apparently weren’t overly concerned by what was perceived as sore spot by...
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Amazon's AWS Vs. Microsoft Azure Vs. Google Cloud: How The Cloud Race Stacked Up In Q3
Sunday, October 29, 2023 - 9:53am | 984While the cloud business has been critical to tech titans Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), not all saw the same levels of success in the last quarter. This is evident from the sharp pullback in the shares of Google parent...
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Amazon's AWS Vs Microsoft Azure Vs Google Cloud: How Tech Titans Fared In June Quarter's Cloud Showdown
Monday, August 7, 2023 - 3:34am | 667The second-quarter results of the cloud industry’s major players – Amazon.com, Inc. (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc‘s Google (NASDAQ:GOOGL) – have unveiled significant shifts in the industry dynamics....
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Amazon Stock Slides Over 1% Premarket – But Cramer Thinks Its Not FTC Pressure: 'At Least Know Why You Are Selling'
Wednesday, July 26, 2023 - 7:19am | 414Amazon, Inc. (NASDAQ:AMZN) shares pulled back in premarket trading on Wednesday despite a lack of any announcement from the company. Amazon investors were bidding down the stock after Microsoft Corp. (NASDAQ:MSFT) hinted at higher spending related to AI, said CNBC Mad Money...
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Microsoft's Activision-Blizzard Acquisition: Email Reveals CFO's 2018 Warning To Employees On Not Building A 'Gold Toilet'
Friday, July 7, 2023 - 12:00am | 449Microsoft’s CFO, Amy Hood, cautioned employees against creating products without considering their potential appeal to customers, using the metaphor of building a “gold toilet,” CNBC reports. Context of the Comment During a 2018 meeting, Hood advised against building products...
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If You Bought Microsoft Stock Ahead Of The Conference Call, Jim Cramer Says You Are One Of The 'Dumbest People' He's 'Ever Seen'
Wednesday, January 25, 2023 - 3:02pm | 608Jim Cramer has long said to wait to hear from management on conference calls before buying names where guidance is held back. That advice could have saved Microsoft Corp (NASDAQ: MSFT) investors a good chunk of change following Tuesday's quarterly results. What Happened: Microsoft...
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Amazon, Snowflake And DataDog Shares Are Moving Following Microsoft's Q2 Results: What's Going On?
Tuesday, January 24, 2023 - 6:16pm | 437Several cloud-related stocks are moving higher in Tuesday's after-hours session after Microsoft Corp (NASDAQ: MSFT) shares jumped on the company's quarterly results. Microsoft's cloud revenues appear to be driving the action. Some of the stocks making the biggest moves in the wake of...
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Microsoft Q2 Earnings Highlights: Redmond Misses On Revenue, Beats On EPS, With Azure Growth
Tuesday, January 24, 2023 - 5:28pm | 508Technology giant Microsoft Corporation (NASDAQ: MSFT) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Microsoft reported second-quarter revenue of $52.7 billion, missing a Street estimate of $52.97 billion, according to data from...
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Why Jim Cramer Says Alphabet, Microsoft Are Fat, Happy And Wrong: 'Concern Is The Course Of The Day'
Wednesday, October 26, 2022 - 12:20pm | 456Alphabet Inc (NASDAQ: GOOG) and Microsoft Corp (NASDAQ: MSFT) shares are sliding Wednesday after the pair of big tech firms turned in disappointing quarterly results. Jim Cramer attributed the majority of the companies underperformance to overstaffing issues Wednesday on CNBC's...
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Microsoft Got Battered By Strong Dollar, China Shutdowns In Q4, Says CFO
Wednesday, July 27, 2022 - 5:16am | 441Microsoft Corporation (NASDAQ: MSFT) Chief Financial Officer Amy Hood said the tech giant was hammered in its last quarter by a strong dollar and production shutdowns in China linked to COVID-19 restrictions. What Happened: Hood said that the dollar strengthened throughout...
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Microsoft Q1 Earnings Highlights: Revenue And EPS Beat, Cloud Division Shows Continued Strength
Tuesday, October 26, 2021 - 4:21pm | 264Microsoft Corporation (NASDAQ: MSFT) reported first-quarter earnings after hours Tuesday. Here are the key highlights for investors to know. What Happened: Microsoft reported first-quarter revenue of $45.3 billion, up 22% year-over-year. The total came in ahead of Street consensus estimates of $44...
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Microsoft's Foray Into Fintech: What Investors Should Know About Redmond's New Cloud Product
Wednesday, October 6, 2021 - 3:05pm | 422A leading technology company is pushing into financial services to grow its cloud business. Could this provide upside to the stock? What Happened: Microsoft Corporation (NASDAQ: MSFT) is releasing its Microsoft Cloud for financial services on Nov. 1. “We are releasing new capabilities...
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Microsoft Q4 Highlights: Earnings Top Estimates, Commercial Cloud Revenue Up 36% And More
Tuesday, July 27, 2021 - 4:21pm | 389Technology giant Microsoft Corporation (NASDAQ: MSFT) reported earnings after the market close on Tuesday. Here are the key things to know from the report. What Happened: Fourth quarter revenue was $46.2 billion, up 21% year-over-year and ahead of the Street consensus of $44.1 billion. ...