Futures contracts tied to the major US stock indices held steady during Wednesday night’s overnight session as investors analyzed a large amount of corporate earnings during a positive week. Dow Jones Industrial Average futures fell 18 points, implying a slight opening loss when regular trading resumes on Thursday. The S&P …
Read More »
Microsoft Corp. wrapped up a record year on Wednesday by announcing record quarterly earnings, but stocks still dipped from near-record highs in post-close trading. Microsoft MSFT, + 1.43% reported fourth-quarter tax earnings of $ 11.2 billion, or $ 1.46 a share, on revenue of $ 38 billion on Wednesday, after …
Read More »
Satya Nadella, CEO of Microsoft Corp., listens during an interview at The David Rubenstein Show in New York on September 27, 2017. Christopher Goodney | Bloomberg | fake pictures Microsoft shares fell as much as 3% in off-hours trading on Wednesday after the company reported better-than-expected fourth-quarter tax earnings that …
Read More »
CNBC’s Jim Cramer said Tuesday that “it’s time to admit these moves are crazy” after big gains from some of the biggest tech stocks on the market pushed the Nasdaq Composite to another record the day before, but he’s not forecasting a reversal. Expanding on a tweet in which he …
Read More »
Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Shares of Amazon, Tesla, Microsoft, Apple, Alphabet, Facebook and Netflix appeared on Monday, adding $ 291.66 billion in combined market valuation. Technology stocks have been among the best-performing during the Covid-19 pandemic, with many reaching record highs in recent weeks despite …
Read More »