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Microsoft Stock Trades Higher as Earnings Surpass Estimates

Mohit Oberoi

Microsoft stock was trading higher in US premarket price action today after reporting better than expected fiscal fourth-quarter earnings. The company’s earnings surpassed estimates and it also provided rosy guidance. Microsoft reported revenues of $46.15 billion in the fiscal fourth quarter which were ahead of the $44.24 billion that analysts were expecting. Most tech companies…

Trump on Microsoft

Microsoft under 45-day deadline to seal TikTok takeover after Trump order

Roger Baird

Donald Trump (pictured) has lit a fire under Microsoft to complete its takeover of TikTok after signing an executive order late on Thursday that bans Americans from dealing with the Chinese social media network. The order comes into effect in 45 days. The US president signed the document, which applies to ByteDance owned TikTok and…

microsoft stock

Microsoft Stock Bounces Amid Second Quarter Beat, Guides Strong Cloud Growth

Siraj Sarwar

Microsoft (NYSE: MSFT) stock price bounced sharply after topping revenue and earnings estimates for the second quarter. The strong demand for the cloud has been driving double-digit revenue growth for the world’s largest software and technology company over the past couple of quarters. MSFT share price soared more than 60% in the past twelve months…