What CEOs Are Saying: ‘The Consumer Is Under Pressure’: WSJ
Here’s what leaders from Nasdaq, Microsoft, Tesla and elsewhere said about the economy, inflation and other topics this week. Source link
Microsoft (MSFT Stock) and Tesla (TSLA Stock) earnings and the rise of Citadel [Video]
In this episode, we explain what you need to know from the first of the big tech companies to report their corporate earnings this season, Microsoft. We dive into the numbers and explain what they all mean and why investors are most interested in the performance of their cloud computing division. Elsewhere, Citadel has leaped […]
Corporate Layoffs Spread Beyond High-Growth Tech Giants: WSJ
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority. Source link
Microsoft Shares Surge After Hours on Mixed Earnings – A Dow Recharge Tomorrow?
Microsoft (MSFT), Earnings, FAANG, Tech, Nasdaq 100 and Dow Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 While tech-giant Microsoft reported a better-than-expected $2.32 EPS, its revenues fell approximately $700 million short of consensus estimates Despite the mixed basic financial performance, MSFT shares rallied as much as 5.3 percent higher from […]
Market Spotlight: Microsoft Ramping Up Its AI Investment
Microsoft Announces 'Third Phase Investment In Open AI Shares in US tech giant Microsoft are trading around 1% higher ahead of the US open today. The move comes on the back of yesterday’s announcement that the company will strengthen its partnership with ChatGPT maker Open AI via a new multibillion dollar investment deal. While the […]
Focus on Australian CPI, Microsoft earnings report and ChatGPT
Asia-Pacific markets traded higher on Tuesday morning, with the Nikkei 225 rising 1.46% while the Japanese Yen gained 0.42% against the US dollar. Markets in China, Hong Kong, Taiwan, South Korea, Malaysia and Singapore are closed due to the Lunar New Year holiday. The euro hovered near a 9-month high against the US dollar, drawing […]
Microsoft: Still Trapped Within Descending Channel
Microsoft Corp., an American multinational technology conglomerate currently ranked the third largest company by market capitalization ($1.728T) which actively engages in the development and support of software, services, devices and solutions, shall release its Q2 2023 financial results on 24th January (Tuesday), after market close. Fig.1: Microsoft’s Revenue Segment (in billion USD). Source: Statista Microsoft […]
Microsoft & Amazon to Cut Thousands of Jobs!
Microsoft & Amazon to Cut Thousands of Jobs! – Orbex Forex Trading Blog Home Stocks Microsoft & Amazon to Cut Thousands of Jobs! Source link