After Snap Inc. shares initially sank in the news of its second-quarter results on Tuesday, they recovered quickly once analysts read the fine print and dug deep into the numbers. Quarterly losses increased, but so did daily active users and revenue, with strong indications that the current quarter is shaping …
Read More »Microsoft Stock ‘is the main name of the cloud to play’. Street ratchets increase price targets.
Text size Microsoft plans to report earnings on Wednesday. Jeenah Moon / Getty Images As Microsoft will report earnings on Wednesday after the close of trading, Wall Street was frantically updating price targets and estimates on Monday to prepare for what could be better-than-expected results. Microsoft’s fourth fiscal quarter should …
Read More »Microsoft reports earnings on Wednesday. This is what to expect.
Text size Dominick Reuter / AFP via Getty Images Microsoft shares have climbed to new highs during the Covid-19 pandemic, as companies accelerate their adoption of cloud-based software. This has given a boost to both Azure, the company’s public cloud service, and cloud-based apps like Office 365 and Teams. How …
Read More »Tesla, AT&T, Microsoft, Intel and other stocks for investors to see this week
Text size The second-quarter earnings season speeds up this week, with 78 S&P 500 companies on deck to report. Halliburton and IBM publish their results first on Monday, followed by Coca-Cola, Lockheed Martin, Texas Instruments and United Airlines on Tuesday. Tesla, Microsoft and Chipotle Mexican Grill are the best moments …
Read More »This Wall Street analyst turned his Twitter feed into ‘Sales Side Stories with Stacy’
Stacy Rasgon has been on Twitter since 2011, but she recently realized that her tweets were a bit boring. “These are pictures of children and airline seats,” he thought, noting that his employer, global asset management firm Bernstein, does not allow him to tweet about semiconductor companies or most of …
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