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Shares of Microsoft fell as much as 4% in after-hours trading Tuesday night as the tech giant reported Azure and other cloud services revenue growth of 26% year over year for the fourth quarter...
Price Target: $307 (raised from $296) Fiscal Year 2023 EPS Estimate: $9.51 ( consensus: $9.55 ) Weiss acknowledged investors have valid concerns about the near-term path of Microsoft's...
Shares in Microsoft (NASDAQ: MSFT) have popped 35% since May 2023, rallying investors with consistent growth across its business and an expanding position in artificial intelligence (AI).
That's pretty much what Microsoft (NASDAQ: MSFT) did, as the stock only rose slightly more than the broader market (measured by the S&P 500) the day following earnings.
The stock, which eventually closed at $27.75 a share, peaked at $29.25 a share shortly after the market opened for trading. After the offering, Microsoft had a market capitalization of $519.777 million. Microsoft has subsequently acquired over 225 companies, purchased stakes in 64 companies, and made 25 divestments. Of the companies that ...
On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.