As the S&P 500 falls into positive territory again throughout the year, investors need to be mindful of the fact that a handful of stocks appear to be doing much of the heavy lifting. The benchmark market index rose 1.3% in 2020 through Monday’s close, but much of that profit …
Read More »
Networking site LinkedIn is cutting around 960 jobs, or 6% of its workforce, as it moves to align business with the new world COVID-19. In a message posted on the website of the Microsoft Corp.-owned company, Chief Executive Ryan Roslanksy said LinkedIn is not immune to the effects of the …
Read More »
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 »
Shares of Microsoft Corp. MSFT, + 2.98% increased 2.0% in morning trading, enough to boost the DJIA of the Dow Jones Industrial Average, -0.07% winners, after more analysts became more optimistic about the software and the cloud giant ahead of the fourth-quarter fiscal earnings slated for Wednesday. Raymond James’ Robert …
Read More »
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 »