Microsoft (NASDAQ: MSFT) posted its second-quarter earnings report on Jan. 25, and the tech giant easily beat analysts' expectations.Its revenue rose 20% year over year to $51.7 billion, topping estimates by $910 million. Its net income improved 21% to $18.8 billion, or $2.48 per
Microsoft (NASDAQ: MSFT) has made no secret of the fact that its $70 billion acquisition of Activision Blizzard (NASDAQ: ATVI) is in part a bold bet on the metaverse.
The world is abuzz about the metaverse, an evolving technology that could reshape life as we know it. While somewhat nebulous, the term is straight out of science fiction. It describes a network of immersive virtual worlds that blend elements of social media, gaming, entertainmen
It's been a roller-coaster year for the stock market so far, and plenty of investors are questioning their strategy. Unfortunately, there's nothing you can really do to avoid volatility and market corrections. You just have to set yourself up with a strong portfolio that can prov
Apple Inc shares rose nearly 3% on Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding out against a rout in technology and growth stocks from the start of this year.
Consolidation for video game stocks has been on the horizon for years. Digital distribution of games for PC, mobile, and console devices has made the hit games of the past less meaningful and the advent of subscription models from Microsoft (NASDAQ: MSFT) and Apple has enabled a
With last year's direct listing of Roblox (NYSE: RBLX) and Facebook's name change to Meta Platforms (NASDAQ: FB), the metaverse took a few more steps into the limelight. The growing trend is emerging as a real investment opportunity that every investor needs to pay attention to.
Everyone has heard the mantra "buy low, sell high." For some reason, though, many investors have a difficult time buying stocks when they're trading at lower prices.
Tencent Holdings Ltd plans to take DouYu International Holdings Ltd private amid disagreements over strategy among executives at the Chinese videogame streaming firm, two people with direct knowledge of the matter said.
Wall Street's main indexes edged lower in choppy trading on Thursday as a slump in chipmakers and Tesla outweighed a rise in tech-focused firms Netflix and Microsoft.
WASHINGTON (Reuters Breakingviews) - Facebook’s cryptocurrency experiment is a tale of what could have been. Diem Association is winding down under regulatory pressure, the Wall Street Journal https://www.wsj.com/articles/facebooks-cryptoc
For Immediate ReleaseChicago, IL – January 27, 2022 – Zacks Director of Research Sheraz Mian says, "Despite the well-known headwinds of cost pressures and logistical bottlenecks, an above-average proportion of companies have been able to beat EPS and revenue estimates."
The world's largest software maker — Microsoft MSFT — delighted investors with better-than-expected second-quarter fiscal 2022 results. It continued a long track of beating earnings estimates and topped the revenue estimate. Microsoft also issued an optimistic growth fore
U.S. stock indexes opened higher on Thursday on a boost from tech-focused megacap firms a day after hawkish comments from the Federal Reserve weighed on markets.
Just a week before the opening ceremony of the 2022 Olympic Winter Games, U.S. television viewers can be forgiven for forgetting the date, or even that it is taking place in Beijing, China.
Wall Street was set to open higher on Thursday, helped by gains in megacap tech-focused firms a day after hawkish comments from the Federal Reserve weighed on markets.
Stocks can be very different: Some are tied to companies that seem promising and that might become great growers for your portfolio. Others have already proven themselves to be great growers -- and have lots of things going for them that suggest they'll keep performing well for m
It's easy to invest in the stock market when it's consistently moving higher, and for the most part, that's been the case since the pandemic market bottom in March 2020. But the market has been especially volatile since November 2021, particularly in the technology sector.Many in