Total Q2 earnings from the group of five tech titans are expected to be up 48.4% on revenue growth of 29.2%.
Microsoft topped $2 trillion market cap for the first time at the close of the trading session on Jun 24. This has made the world's largest software maker the second U.S. company to reach this level after...
The technology sector, which generally performs better when interest rates are low, showed strength on the view that low interest rates will remain in place for at least more than a year. This should provide...
Several equity ETFs have impressed with their performances and generated handsome returns over the trailing one-month period though inflation fears and the resultant market sell-off have suppressed the...
Microsoft continued a long track of beating earnings estimate and topped the revenue estimate driven by booming cloud-computing demand and video gaming sales.
Total Q1 earnings from the group of five companies are expected to be up 43.5% on revenue growth of 31.4%. This reflects a solid improvement from the Q4 earnings growth of 41.2% and revenue growth of 29%....
The technology sector is back in favor with a positive momentum build-up in the space.
This technology ETF hits a new 52-week high. Are more gains in store for this ETF?
Wall Street has been in great shape this year. At the current level, the S&P 500 and the Dow Jones have been hovering around the all-time high levels.
Microsoft (MSFT) has agreed to acquire artificial intelligence and speech technology company Nuance Communications (NUAN) for about $19.7 billion or $56.00 per share in an all-cash transaction.
The Zacks Analyst Blog Highlights: VPOP, FTXL, IYW, IETC and IGM
After witnessing wild swings for a month, the technology sector regained momentum last week on enthusiasm over rapid economic growth.
Microsoft continued a long track of beating earnings estimate and topped the revenue estimate driven by digital transformation and cloud demand.
The smooth trend is likely to continue with most of the companies likely to beat earnings estimates when they report this week and the next.
Microsoft continued to benefit from the work-from-home and learn-at-home trends amid the COVID-19 pandemic.
Over the past three months, Microsoft has gained 3.1%, underperforming the industry???s growth of 6.4%.
All eyes are currently on FAANGs ahead of its quarterly results.
After logging in the best week in three months, Wall Street enjoyed continued rally to start this week, mainly powered by the hype surrounding Apple and Amazon.
Microsoft plans to acquire ZeniMax Media, owner of the storied video-game publisher Bethesda Softworks, for $7.5 billion in cash. This would represent its biggest video game purchase ever.
With the pandemic continuing to rage and a vaccine perhaps months away, the beaten-down technology ETFs seem attractive.