Microsoft stock

The Dow Jones Industrial Average was on pace to snap three days of gains, last down 80 points, or 0.24%. The Nasdaq Composite shed 0.7%, and the S&P 500 dropped ...

[News Corporation](/quotes/NWSA/), [Fox News](/quotes/FOXA/) — Shares of News Corp and Fox News were up 4.9% and 1.8%, respectively, after Rupert Murdoch [ditched plans to merge](https://www.cnbc.com/2023/01/24/rupert-murdoch-calls-off-proposed-fox-news-corp-merger.html) the two companies, a proposition that met pushback from shareholders. [Boeing](/quotes/BA/) – Boeing's stock dropped about 1.7% premarket after the aircraft maker [posted earnings and revenue that missed expectations](https://www.cnbc.com/2023/01/25/boeing-ba-earnings-q4-2022.html), despite a demand recovery. The tech bellwether [topped ](https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2023.html)earnings expectations but said new business growth slowed in December, including within its Azure segment. Other than Google, [Amazon](/quotes/AMZN/) and The Trade Desk, both at $10 billion in annual gross advertising spend, are the largest players in the demand-side platform space. The firm noted Meta doesn't face as much anti-trust scrutiny as Google does, and that Apple has the scale and resources to compete in the advertising solutions space. [Click here](https://www.cnbc.com/2023/01/25/stocks-making-the-biggest-moves-midday-sunrun-us-bancorp-alphabet-att-and-more.html) to see more stocks making midday moves. [Sunrun](/quotes/RUN/)— The stock dropped 8.9% after being downgraded by Barclays to equal weight from overweight. The firm also downgraded [SunPower](/quotes/SPWR/), down more than 2%, to underweight from equal weight. Bancorp](/quotes/USB/)— Shares gained 5.5% after U.S. It aims to hire roughly the same level of headcount in 2023 vs in 2022," Hoexter said in a note to clients. Baruch also said he added [General Motors](/quotes/GM/) to his value portfolio in recent months following its leadership change. Demand for pizza was above trend during the pandemic and pizza comps are softening now as a demand normalizes.

Most market participants had their attention squarely on Microsoft (MSFT -0.22%), which reported its latest financial results late Tuesday and disappointed some ...

Intuitive gets a sizable chunk of its revenue from the instruments and accessories that get used during procedures, so declines in volumes have a direct impact on sales. However, Microsoft wasn't the only stock that weighed on the Nasdaq's prospects, as robotic surgical equipment specialist Intuitive Surgical ( [ISRG](/quote/nasdaq/isrg/) -5.50%) saw its stock fall even more sharply. Global procedure volumes were 18% higher during the fourth quarter than they were during the same period a year earlier, but Intuitive only delivered 369 of its da Vinci surgical systems, down 4% from the fourth quarter of 2021. That was enough to send a chill across the cloud computing industry, and that has consequences that will extend well beyond Microsoft itself. Yet the personal computing segment suffered from plunging demand, as sales dropped 19% on a 39% decline in sales of the Windows operating system to original equipment manufacturers. However, investors can't expect the Nasdaq to rise every day, and stock index futures suggested that Wednesday might be a tough day for the Nasdaq, falling 1.35% in premarket trading.

Microsoft shares slumped lower Wednesday after the tech giant's near-term outlook for its key cloud computing business offset a better-than-expected ...

The company said severance payments and other costs linked to the cuts were pegged at $800 million. Davidson analyst Gil Luria, who carries a 'buy' rating on the stock and lifted his price target by $10 to $280 per share following last night's earnings. "We are seeing customers exercise caution in this environment, and we saw results weaken through December," said CFO Amy Hood. However, performance in the U.S. As noted earlier, growth continued to moderate, particularly in December, and we exited the quarter with Azure constant-currency growth in the mid-30s," she added. "Just as we saw customers accelerate their digital spend during the pandemic, we are now seeing them optimize that spend," CEO Satya Nadella told investors on a conference call late Tuesday. [TSLA](https://www.thestreet.com/quote/TSLA)) - [Get Free Report](https://secure2.thestreet.com/cap/prm.do?OID=033365&ticker=TSLA) CEO Elon Musk, with [a multibillion investment](https://www.thestreet.com/.preview/cn02b6143a300026bb?auth=1677234325:7bb2707f4f0864b149bfbed76c4ac10b374e6723&nonce=1674642327093) that extends its collaboration with OpenAI and its key consumer and business product, the ChatGPT chatbot. "We believe Microsoft deserves a premium valuation relative to the market and its Pac4 comparables as we see the investment in OpenAI as a source of upside, and possibly a short-term catalyst," said D.A. Microsoft said the cuts, which it expects to conclude in March, will result in the loss of around 10,000 jobs and a 12 cent hit to December quarter earnings, but added that it would continue to invest in areas such as AI and other advanced technologies. More Personal Computing revenues, which includes Windows, fell 19% to $14.2 billion. "From a geographic perspective, we saw strong execution in many regions around the world. [after-hours](https://www.thestreet.com/dictionary/e/extended-hours-stock-trading) trading last night, in fact, when the group [forecast current quarter revenues for its intelligent cloud division of between $21.7 billion and $22 billion](https://www.thestreet.com/markets/microsoft-stock-leaps-after-topping-profit-forecast-on-cloud-gains), a tally that missed Refinitv forecasts.

This earnings season should provide answers as to how companies can weather the storm of a looming recession, with Wedbush's Dan Ives saying the top question ...

Microsoft said earlier this month it will cut 10,000 jobs, joining Amazon (18,000), Alphabet (12,000) and Meta (11,000) in dramatically reducing their headcounts in recent weeks. Tesla, Meta, Amazon, Apple, Microsoft, Netflix, Alphabet each fell 27% or more last year, and Meta and Tesla’s 68% and 64% respective declines were among the 10 largest drops on the S&P. Morgan Stanley predicts the S&P will fall as much as 25% to a two-year low of 3,000 during the first few months of 2023 as earnings disappoint. “The January rally might be over if the rest of the big-tech earnings and multi-nationals paints the same downbeat picture,” Oanda analyst Ed Moya wrote in a Wednesday note. Microsoft, which reported its slowest quarterly revenue growth in six years but had significant growth in its crucial cloud business Wednesday, now faces a “standoff between the bulls and bears” among investors, according to Ives. public companies Wednesday were Microsoft, Amazon, Apple and Alphabet,

A quarterly earnings beat wasn't enough to send Microsoft shares higher in early trading Wednesday. Denis Charlet/AFP via Getty Images. Microsoft MSFT ...

‘s fiscal [second-quarter earnings](https://www.barrons.com/articles/microsoft-earning-stock-price-51674510719?mod=md_stockoverview_news&mod=article_inline) were pretty good. Wall Street was looking for $2.29 a share from $53 billion in sales. That’s a bad sign for [all stocks](https://www.barrons.com/articles/cloud-amazon-microsoft-salesforce-stock-price-51674646111?mod=md_stockoverview_news&mod=article_inline), though the omen has nothing to do with the fundamentals of Microsoft’s business.

There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant's growth, argues Piper Sandler analyst ...

Microsoft's fundamentals for the fourth quarter were weak. Read why investors may see double-digit drops for Microsoft stock after earnings.

This is a solid guide to a comfortable future and a core part of why we believe long-term accumulation is in order. Take a look at the volume profile on the right hand side - this shows volume traded by price level, and we've started the clock at the all-time high so the bars you see there are all since the peak. - Unlevered pretax FCF margins fell to 37%, a level not seen since December 2019, a result of weak revenue and also of a large working capital outflow in the quarter. The cash flow multiple looks a lot due to that working capital outflow, so, we'll forgive that a little. Look at the high volume nodes in the $236-245 range. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. It remains the case that Microsoft is likely to grow revenue at above-GDP rates, that its cash flow margins are likely to hold up well, its balance sheet remains a fortress, and we would not bet against CEO Satya Nadella placing winning bets in AI to drive unexpected upside. With that, let's turn to the numbers, the valuation, and the chart. We are looking for a substantial reversal in fiscal Q3 (ending 31 March 2023). Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. One, the quarter was dreadful, and no amount of window dressing would persuade us otherwise. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions.

Software giant Microsoft edged above expectations for earnings in its fiscal second quarter but sales were light. MSFT stock wavered.

In the same quarter last year, Microsoft generated sales of $49.4 billion. And Xbox content and services revenue decreased 12% in the period. OpenAI is the organization behind text generator ChatGPT and image generator Dall-E. [Microsoft announced major layoffs](https://www.investors.com/news/technology/microsoft-stock-software-giant-discloses-layoffs/) and a cost-cutting plan Wednesday. [IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-microsoft-msft.aspx). The midpoint of $51 billion was well below Wall Street's target of $52.4 billion for the March quarter. Windows licensing revenue collapsed 39% in the holiday sales quarter amid declining PC sales. The unit includes server products and cloud services such as Azure. Revenue in the segment increased 18% year over year to $21.5 billion. Meanwhile, Microsoft's Productivity and Business Processes unit saw sales rise 7% to $17 billion. In recent trades, MSFT stock was down 0.5% to 240.77. On a year-over-year basis, Microsoft earnings slipped 6% while sales rose 2%.