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Microsoft’s Earnings Beat Estimates. Stock Is Still Falling.
Here’s why Microsoft’s stock got pummeled after it beat revenue and profit forecasts
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Microsoft revenue beats estimates but cloud results pull down the stock
Microsoft had a slight beat on overall revenue in the quarter, but a miss in cloud was the big disappointment, causing its stock to fall in after-hours trading. Overall, its revenue was $69.6 billion,
Microsoft’s Earnings Beat Estimates. The Stock Is Still Falling.
Microsoft reported second-quarter earnings and revenue that beat Wall Street estimates on Wednesday. The stock, however, was dropping. The company reported earnings of $3.23 a share on revenue of $69.
Tesla, IBM and Meta lead most of Wall Street higher
Stock Market Today: Dow, S&P 500, Nasdaq down, bond yields rise as Fed leaves rates unchanged; earnings from Microsoft, Meta and Tesla loom
Investors react to the Federal Reserve's policy decision and Chairman Jerome Powell's press conference, as well as results from Meta, Microsoft and Tesla.
Stock Market Today: Major Indexes Rise; Meta and Tesla Shares Rally
Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Stock market today: Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.5%, as four out of every five stocks in the index climbed.
1h
on MSN
Analysts reboot Microsoft stock price targets after earnings
Microsoft beat Wall Street’s earnings and revenue forecasts but its intelligent-cloud business fell short of estimates. The ...
11h
What's Happening With MSFT Stock?
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 ...
10h
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud ...
2h
What Microsoft results mean for Alphabet and Amazon.com
Microsoft's disappointing Azure numbers are "neutral to modestly negative" for rivals Amazon.com and Alphabet, according to RBC Capital Markets analyst Brad Erickson. Alphabet stock rose 1% while ...
23h
Microsoft’s AI revenue grows, but its stock falls on lower guidance and concerns over spending
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
9d
Wall Street Is Bullish on Microsoft Stock for 2025. Time to Buy?
Other analysts seem to agree. Out of 58 analysts that cover the stock on Wall Street, 39 rate it a "buy" and 14 rate it a ...
11h
Stock Market Today: Nasdaq Futures Gain Ahead of GDP Report, Apple Earnings
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
12h
Microsoft Q2 FY2025 Review: More Consolidation Ahead
In Q2 FY2025, Microsoft outperformed top and bottom line estimates, with total revenues increasing +12% y/y to $69.6B (vs.
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