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There's a great reason why Microsoft stock is still fairly flat after earnings. Leading into the quarter, Microsoft needed to post a perfect quarter to avoid a drop from its lofty levels.
Microsoft's stock drop of about 29% so far in 2022 amid growth concerns now looks overdone, Morgan Stanley says.
Microsoft 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 billion...
Microsoft's fiscal fourth quarter earnings revealed a sequential decline in Azure cloud revenue growth, overshadowing quarterly profits and revenues that topped Wall Street's estimates.
Microsoft stock rose about 4% in after-hours trading Thursday. The company said it expects to spend more in the coming months as it builds up the infrastructure for building and running AI...
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.
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