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Microsoft reported a 20% year-over-year jump in non-GAAP earnings in fiscal 2024 to $11.80 per share. Though analysts are forecasting a smaller jump in the current fiscal year, Microsoft's ...
Revenue increased by 12% year over year to $69.6 billion, while adjusted earnings per share (EPS) rose 10% year over year to $3.23. Cloud revenue notched $40.9 billion in Q2, which was up 21% year ...
Assuming the company trades in line with the five-year multiple, which is a discount to its current-sales multiple of 14, its market cap could hit $4 trillion after three fiscal years. That would ...
2024 China stock market crash 2 Feb 2024 China: The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on 2 February 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.
During its fiscal 2024 fourth quarter (which ended June 30), Microsoft said the number of corporate customers that bought more than 10,000 Copilot add-ons for 365 had doubled from just three ...
Microsoft delivered a total shareholder return of 12.9 percent in 2024, the worst among the Magnificent 7 stocks. To be sure, 12.9 percent is still a solid return, above the long-term average of ...
Microsoft (NASDAQ: MSFT) fell 6.1% on Thursday, its worst session since Oct. 26, 2022, when the tech giant slipped 7.7%. Even after gaining 1% on Friday, Microsoft is up less than 8% year to date ...
The company last adjusted its buyback plan three years ago, with a similar $60 billion repurchase plan. ... the biggest driver of Microsoft's stock will likely come down to how well it can capture ...