Nasdaq MSFT MicroSoft

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 18,450,000 units were destroyed, or a 3.4% decrease week over week. Among the largest underlying components

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio MSCI Global Stock Market ETF (Symbol: SPGM) where we have detected an approximate $109.0 million dollar inflow -- that's a 19.8% incr

Buying and holding great companies for the long run is a tried and tested way of increasing one's wealth. Such a strategy allows investors to take advantage of secular growth trends along with the power of compounding. That's something that the likes of Microsoft (NASDAQ: MSFT) a

For Immediate ReleaseChicago, IL – February 2, 2023 – Zacks Director of Research Sheraz Mian says:

Activision Blizzard ATVI is set to report its fourth-quarter 2022 results on Feb 6.The Zacks Consensus Estimate for revenues is pegged at $3.22 billion, indicating an increase of 29.5% from the year-ago quarter’s reported figure.The consensus mark for fourth-quarter earni

Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday.

Cybersecurity has been a long secular growth trend, but rapid shifts toward cloud computing in the last couple of years have shone a spotlight on how far behind many organizations are in protecting their operations.

Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday.

Many high-octane growth stocks are primed for a strong recovery after a brutal 2022. That slingshot effect could serve as a quick start to a market-beating performance in the long run. In particular, I see tremendous potential value in media-streaming technology specialist Roku (

If you're tired of keeping constant tabs on the market and just want to buy shares of some quality companies and tuck them away for a while, great! This strategy will probably generate better results for you than a more active approach.

Microsoft Corp on Wednesday rolled out a premium Teams messaging offering powered by ChatGPT to simplify meetings using the AI chatbot that has taken Silicon Valley by a storm.

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

What happened A smart push into artificial intelligence (AI) was benefiting Microsoft (NASDAQ: MSFT) and its shareholders on Wednesday. A business the tech company has placed a bet on announced a move aimed at capitalizing on its famous innovation, and investors were guardedly op

Earnings season is in full swing.

Despite macroeconomic headwinds, Microsoft ( NASDAQ:MSFT ) displayed robust Cloud segment strength in its most recent quarterly results, which should be a strong earnings catalyst for the company, moving forward. This leads me to believe that the company’s earnings growth will significantly rebound in the near-to-medium term, forming a compelling investment opportunity, as it will show that the stock is likely undervalued at its current levels. Accordingly, I am bullish on Microsoft stock. Fiscal Q2 Results Were Actually Strong Investors and analysts had low expectations from Microsoft going into its Fiscal Q2-2023 results, as the ongoing slowdown in economic growth has suppressed enterprise spending and thus suppressed the performance in some of the tech giant’s divisions. That was indeed the case. Revenues from Devices, for instance, plummeted by 39% or 34% in constant currency (CC) as sales peaked during the work-from-home economy that persisted during the pandemic. The same can be said for Microsoft’s Xbox Content and Services revenue, which fell 12% (8% in CC) compared to the prior-year period. With gaming spending also peaking last year, it makes sense that we see a correction now that outdoor entertainment has recovered. For context, Xbox Content and Services revenue had increased by 10% in the comparable period of Fiscal 2022. So, all we see really is just the segment’s growth trajectory returning to its single-digit (ex-currency) growth mean. Some cyclicality in gaming and devices revenues is to be expected during tougher economic conditions, so in that regard, the decline in revenues from these two segments is relatively natural and shouldn’t alert investors. However, when it comes to Microsoft’s core growth segments, which determine the company’s long-term evolution trajectory and world-domination prospects, Microsoft once again delivered fantastic results. Specifically, revenue in the company’s Intelligent Cloud segment came in at $21.5 billion, up 18% (24% in CC). This was driven by a 20% increase (26% in CC) in Cloud Services revenue, which was, in turn, powered by Azure’s revenue growth of 31% (38% in CC). These growth numbers, especially when it comes to Azure, are just out of this world. Don't forget we are currently in an economic downturn loaded with uncertainty and corporate cost-cutting, while the macro landscape could potentially lead us into a prolonged recession. Yet, nothing seems to be able to halt Azure’s growth, which, if it weren’t for the stronger dollar, last quarter would have seen an increase in revenues of nearly 40%. It’s amusing to imagine what its growth would have been assuming normalized business conditions. Growth would have likely exceeded 40%-45%. Yet, Microsoft sees multiple add-on opportunities that are likely to maintain Azure’s momentum, such as the upcoming integration with ChatGPT. Profitability is Set to Rebound Firmly Microsoft’s profitability should rebound strongly once the current headwinds in its more cyclical segments soften, backed by the Cloud segment’s exceptional growth, which is a high-margin business. For context, Microsoft’s earnings per share during the first half of Fiscal 2023 have amounted to $4.56, suggesting a year-over-year decline of about 12.8%. It makes sense, after all, as a decline in revenues in the company’s segments that are already low-margin (Devices, Xbox) can crash their profitability. But again, these segments are cyclical. Once results normalize in these areas, Cloud will essentially take over the bottom line’s growth prospects. In fiscal Q2, Microsoft Cloud’s gross profit margin even expanded by about 2% year-over-year to 72%. When you have a business with such high margins growing at 20%+, profitability is set to expand considerably even if revenues in other segments fail to rebound. Wall Street analysts seem to agree with this since, despite the 12.8% fall in earnings per share during the first half of the year, the company is expected to generate earnings-per-share of about $9.32 for the Fiscal 2023, which implies a year-over-year increase of 1.2%. In other words, the market expects strong net income growth during the second half of the year, which should be driven by none other than Microsoft’s high-margin Cloud division. Is MSFT Stock a Buy, According to Analysts? Turning to Wall Street, Microsoft has a Strong Buy consensus rating based on 25 Buys, four Holds, and one Sell rating assigned in the past three months. At $274.69, the average Microsft stock forecast suggests 8% upside potential. Conclusion: Attractive Valuation Given Growth Potential As noted, Microsoft’s profitability is set to rebound at a swift pace in the second half of the year. Further, with Microsoft's Intelligent Cloud showing no signs of slowing down, as well as the segment experiencing a margin expansion, net income growth has strong catalysts, moving forward. Now add Microsoft’s hefty buybacks, which continuously lower the company’s share count, and you can see why Wall Street analysts forecast earnings-per-share growth of about 16%/annum in Fiscal 2024 and Fiscal 2025. Such growth implies that Microsoft shares are currently trading at about 22x next year’s earnings and 20x the following year’s earnings. Given the company’s global dominance, overall qualities, and strong growth catalysts in the Cloud, I find Microsoft’s forward-looking valuation multiples quite attractive today - especially if you are willing to hold the stock for the long run. Disclosure

ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS study on Wednesday.

Match Group Inc on Wednesday joined a growing list of U.S. companies that are cutting jobs to rein in costs after it announced plans to lay off about 8% of its workforce, or about 200 employees, as spending on its dating apps slows.

Investors in Microsoft Corporation (Symbol: MSFT) saw new options begin trading today, for the May 19th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 107 days until expiration the newly trading contract

In today's video, Jose Najarro, Nick Rossolillo, and Billy Duberstein discuss Microsoft's (NASDAQ: MSFT) earnings and why its push to AI may be a strong driving force for the company. Nick shares his thoughts on why Microsoft might be attractive for long-term holders. Check out t