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Analysts at D.A. Davidson downgraded the stock to Neutral from Buy, keeping their price target unchanged at $475, which still implies around an 8% upside from current levels.
In early morning trading, Microsoft’s stock was up by over 2%, gaining back much of its losses from the OpenAI saga. It also hit an all-time high of $377.10 at one point, Forbes noted. Analysts ...
In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.”. The lead investor was Microsoft. Today, less than a year later, Microsoft announced ...
Microsoft ( MSFT) announced its second quarter earnings on Tuesday, beating expectations on the top and bottom lines. The company reported adjusted earnings per share of $2.93 on revenue of $62 ...
More Personal Computing revenue decreased by 4% to $13.9 billion but still came in higher than estimates for $13.58 billion. Intelligent Cloud revenue, which is led by Azure, was up 15% in the ...
The company’s results beat expectations, which Yahoo Finance reports were revenues of $44.1 billion and earnings per share of $1.90. Shares of the software giant fell after the news, perhaps due ...
When Microsoft went public and launched its initial public offering (IPO) in 1986, the opening stock price was $21; after the trading day, the price closed at $27.75. As of July 2010, with the company's nine stock splits , any IPO shares would be multiplied by 288; if one were to buy the IPO today, given the splits and other factors, it would ...
Microsoft's most recent Q1 2024 earnings report continues the company's upward trajectory thanks to the cloud. Microsoft's earnings reached $56.5 billion, up 13 percent from last year! Profits hit ...