NASDAQ Composite opens in less than four hours and Microsoft’s pre-market value is already 1.99% down.
The last session, NASDAQ Composite ended with Microsoft rising 2.59% to $238.93. NASDAQ Composite dropped 0% to $13,337.16, following last session’s upward trend on what was a somewhat positive trend exchanging session.
Microsoft’s last close was $238.93, 1.55% below its 52-week high of $242.64.
Microsoft’s sales growth is 16.7% for the present quarter and 12.8% for the next. The company’s growth estimates for the present quarter and the next is 26.4% and 21.2%, respectively.
Year-on-year quarterly revenue growth grew by 16.7%, now sitting on 153.28B for the twelve trailing months.
Microsoft’s Stock Yearly Top and Bottom Value
Microsoft’s stock is valued at $238.93 at 05:39 EST, below its 52-week high of $242.64 and way above its 52-week low of $132.52.
Microsoft’s Moving Average
Microsoft’s value is above its 50-day moving average of $219.74 and way higher than its 200-day moving average of $213.62.
Microsoft’s last day, last week, and last month’s average volatility was 2.59%, 1.22%, and 0.29%, respectively.
Microsoft’s last day, last week, and last month’s high and low average amplitude percentage was 3.21%, 2.77%, and 2.17%, respectively.
Previous days news about Microsoft
US stock index futures mixed ahead of corporate giants’ earnings; Microsoft reports after the close. According to FX Empire on Tuesday, 26 January, "General Electric, Verizon and Johnson & Johnson are slated to report results before the bell, while tech giant Microsoft will announce its fiscal second-quarter earnings after the bell.", "After climbing as much as 1.4% to an intraday record, the NASDAQ Composite gave back a good portion of its gains, with the so-called "stay-at-home" winners, including Microsoft Corp, Facebook Inc and Apple Inc, rising after upbeat results from Netflix Inc last week."
Microsoft poised for record revenue boosted by cloud, videogaming. According to The Wall Street Journal on Tuesday, 26 January, "Wall Street expects Microsoft to post $40.2 billion in sales, the highest for any three-month period and up around 9% from the prior-year quarter. ", "Azure became a bigger source of revenue for Microsoft than its Windows operating system licenses in the September quarter, said Brent Bracelin, an analyst at Piper Sandler. "
Macron tells google and Microsoft to get on board with EU rules. According to Bloomberg Quint on Tuesday, 26 January, "During a call with Microsoft Corp. CEO Satya Nadella and Sundar Pichai of Alphabet Inc. on Monday, Macron told the executives any unfair practices will be seen as an attack on European democracy, according to an account of the conversation from one of the president’s aides. ", "Under the Digital Services Act, very large platforms like Microsoft and Google could face fines as high as 6% of global revenue if they don’t comply with orders to remove illegal content. "
Microsoft sales climb 17%, lifted by robust cloud demand. According to Bloomberg Quint on Tuesday, 26 January, "Even though the market is growing, Microsoft continues to face competition from Amazon.com Inc.’s AWS and a renewed cloud-infrastructure push at Alphabet Inc.’s Google. ", "Xbox content and services revenue jumped 40% in the December quarter, Microsoft said."
Microsoft hits $40 billion in quarterly sales for first time; stock up over 6%. According to MarketWatch on Tuesday, 26 January, " The company said Tuesday that Azure grew 50% in the second quarter – Microsoft does not provide actual financial performance of Azure even as rivals such as Amazon and Alphabet Inc. break out the performance of their cloud-computing offerings – and that sales in its "intelligent cloud" segment grew to $14.6 billion from $11.87 billion a year ago. ", "As personal-computer sales spiked due to work-from-home needs and Microsoft began selling new Xbox consoles in the holiday season, sales in Microsoft’s "more personal computing" segment grew to $15.12 billion from $13.21 billion in the same quarter a year ago. "
Stock futures rise as Microsoft kicks off big-tech earnings on a high note. According to CNBC on Tuesday, 26 January, "Futures contracts tied to the major U.S. equity indexes rose during the overnight session Tuesday as Wall Street pored over earnings results from Microsoft and awaited similar updates from Apple, Facebook and Tesla due Wednesday.", "Investors are likely hoping that Microsoft – the second-largest publicly traded company in the U.S. worth $1.76 trillion – and its solid earnings results herald similar success from Apple, Facebook and Tesla. "
5 Microsoft analysts break down Q2 beat as more organizations shift to cloud. According to Business Insider on Wednesday, 27 January, "2) Microsoft 365 expansion as an estimated 400 million more information workers shift to cloud ecosystems.", "Koontz also noted that following Amazon Inc. (NASDAQ:AMZN), Microsoft will extend the life of its existing infrastructure from two to four years."
Microsoft climate fund backs climeworks effort to suck up carbon. According to Bloomberg Quint on Thursday, 28 January, "One year ago, Microsoft pledgedto be "carbon negative,"meaning it will remove more carbon than it emits, by 2030 and to remove all the carbon the company has ever emitted by 2050, one of the most aggressive corporate climate goals. ", "One project Microsoft has backed in the past in Peruhas run into conflict with local indigenous populations. "