Microsoft stock

Microsoft shares are down Wednesday despite an earnings report that showed a 2% spike in quarterly revenue.

"The ChatGPT deal could also be a game changer for Microsoft, as it gives the group a serious edge on competitors including Google," said Lund-Yates. Microsoft is dealing with a marked slowdown in personal computing revenues, which reflects the incredibly challenging consumer environment," said Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown. 31, compared with the average analyst estimate of $52.94 billion, according to Refinitiv IBES. Second-quarter revenue rose 2% to $52.7 billion in the three months ending on Dec. 3, 2022 at 22.21 which was the lowest PE ratio since Aug. 4, when shares plummeted 4.4%.

Microsoft stock initially rallied after reporting quarterly earnings Tuesday evening. The rally faded and shares are lower, helping to drag down the entire ...

‘s fiscal [second-quarter earnings](https://www.barrons.com/articles/microsoft-earning-stock-price-51674510719?mod=md_stockoverview_news&mod=article_inline) were pretty good. Wall Street was looking for $2.29 a share from $53 billion in sales. That’s a bad sign for [all stocks](https://www.barrons.com/articles/cloud-amazon-microsoft-salesforce-stock-price-51674646111?mod=md_stockoverview_news&mod=article_inline), though the omen has nothing to do with the fundamentals of Microsoft’s business.

The Dow Jones Industrial Average was on pace to snap three days of gains, last down 80 points, or 0.24%. The Nasdaq Composite shed 0.7%, and the S&P 500 dropped ...

[News Corporation](/quotes/NWSA/), [Fox News](/quotes/FOXA/) — Shares of News Corp and Fox News were up 4.9% and 1.8%, respectively, after Rupert Murdoch [ditched plans to merge](https://www.cnbc.com/2023/01/24/rupert-murdoch-calls-off-proposed-fox-news-corp-merger.html) the two companies, a proposition that met pushback from shareholders. [Boeing](/quotes/BA/) – Boeing's stock dropped about 1.7% premarket after the aircraft maker [posted earnings and revenue that missed expectations](https://www.cnbc.com/2023/01/25/boeing-ba-earnings-q4-2022.html), despite a demand recovery. The tech bellwether [topped ](https://www.cnbc.com/2023/01/24/microsoft-msft-earnings-q2-2023.html)earnings expectations but said new business growth slowed in December, including within its Azure segment. Other than Google, [Amazon](/quotes/AMZN/) and The Trade Desk, both at $10 billion in annual gross advertising spend, are the largest players in the demand-side platform space. The firm noted Meta doesn't face as much anti-trust scrutiny as Google does, and that Apple has the scale and resources to compete in the advertising solutions space. [Click here](https://www.cnbc.com/2023/01/25/stocks-making-the-biggest-moves-midday-sunrun-us-bancorp-alphabet-att-and-more.html) to see more stocks making midday moves. [Sunrun](/quotes/RUN/)— The stock dropped 8.9% after being downgraded by Barclays to equal weight from overweight. The firm also downgraded [SunPower](/quotes/SPWR/), down more than 2%, to underweight from equal weight. Bancorp](/quotes/USB/)— Shares gained 5.5% after U.S. It aims to hire roughly the same level of headcount in 2023 vs in 2022," Hoexter said in a note to clients. Baruch also said he added [General Motors](/quotes/GM/) to his value portfolio in recent months following its leadership change. Demand for pizza was above trend during the pandemic and pizza comps are softening now as a demand normalizes.

Microsoft shed more than $70 billion in market cap Wednesday. Corbis via Getty Images. Key Facts. Microsoft fell 4% in early trading and dragged down its peers ...

Microsoft said earlier this month it will cut 10,000 jobs, joining Amazon (18,000), Alphabet (12,000) and Meta (11,000) in dramatically reducing their headcounts in recent weeks. Tesla, Meta, Amazon, Apple, Microsoft, Netflix, Alphabet each fell 27% or more last year, and Meta and Tesla’s 68% and 64% respective declines were among the 10 largest drops on the S&P. Morgan Stanley predicts the S&P will fall as much as 25% to a two-year low of 3,000 during the first few months of 2023 as earnings disappoint. [Morgan Stanley Warns ‘Imminent’ Earnings Recession Will Tank Stocks—But Here’s When The Bear Market Could End](https://www.forbes.com/sites/jonathanponciano/2023/01/23/morgan-stanley-warns-imminent-earnings-recession-will-tank-stocks-but-heres-when-the-bear-market-could-end/?sh=c73e42f73c36) (Forbes) Microsoft, which reported its slowest quarterly revenue growth in six years but had significant growth in its crucial cloud business Wednesday, now faces a “standoff between the bulls and bears” among investors, according to Ives. Microsoft fell 4% in early trading and dragged down its peers as all five stocks in the FAANG grouping — Facebook parent Meta (-0.2%), Amazon (-2.9%), Apple (-1.8%), Netflix (-0.4%) and Google parent Alphabet (-1.6%) — and Tesla (-1.9%) all were in the red.

Most market participants had their attention squarely on Microsoft (MSFT -0.22%), which reported its latest financial results late Tuesday and disappointed some ...

Intuitive gets a sizable chunk of its revenue from the instruments and accessories that get used during procedures, so declines in volumes have a direct impact on sales. However, Microsoft wasn't the only stock that weighed on the Nasdaq's prospects, as robotic surgical equipment specialist Intuitive Surgical ( [ISRG](/quote/nasdaq/isrg/) -5.50%) saw its stock fall even more sharply. Global procedure volumes were 18% higher during the fourth quarter than they were during the same period a year earlier, but Intuitive only delivered 369 of its da Vinci surgical systems, down 4% from the fourth quarter of 2021. That was enough to send a chill across the cloud computing industry, and that has consequences that will extend well beyond Microsoft itself. Yet the personal computing segment suffered from plunging demand, as sales dropped 19% on a 39% decline in sales of the Windows operating system to original equipment manufacturers. However, investors can't expect the Nasdaq to rise every day, and stock index futures suggested that Wednesday might be a tough day for the Nasdaq, falling 1.35% in premarket trading.

U.S. stocks tumbled Wednesday after lackluster forecasts from Microsoft and other corporations reporting earnings dampened the outlook for technology stocks ...

Microsoft Corp.'s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration at the end of 2022 is expected to ...

Microsoft reported cloud revenue of $21.5 billion, up from $18.33 billion a year ago and narrowly topping the average analyst estimate of $21.43 billion, according to FactSet. PC shipments suffered their worst decline ever recorded in the holiday season, according to third-party analyses, after a boom in PC sales during 2020 and 2021. Microsoft stock finished the day with a 0.2% decline at $242.04, before the rollercoaster ride in the extended session. Analysts were projecting Azure growth of 27.8% for the quarter, or 33.7% in constant currency, according to FactSet. Revenue increased to $52.75 billion from $51.7 billion in the holiday quarter of 2022. Microsoft announced thousands of layoffs last week, part of a wave of job cuts from Big Tech companies that increased their workforces at a rapid pace in the early years of the COVID-19 pandemic. Hood then said that "we expect business trends that we saw at the end of December to continue into" the current quarter, and projected revenue will come in roughly $1 billion or more lower than Wall Street expected. The day before its earnings report, the company officially announced a long-expected third investment in ChatGPT creator OpenAI, which includes plans to incorporate the technology into services such as Microsoft's Azure cloud-computing offering and Bing search engine. "In this environment, we remain convicted on three things," Microsoft Chief Executive Satya Nadella said in launching the company's conference call. The company also reported that severance, impairment and lease-consolidation charges cost it 12 cents a share, which would lead to adjusted earnings of $2.32 a share; Microsoft executives did not provide adjusted earnings a year ago, and typically stick to GAAP profit readings. Analysts on average were expecting fiscal third-quarter revenue of $52.42 billion, according to FactSet. But the stock turned around after Hood's forecast and fell all the way into the red, along with other tech stocks that had jumped in the extended session, such as Amazon.com Inc.

Software giant Microsoft edged above expectations for earnings in its fiscal second quarter but sales were light. MSFT stock wavered.

In the same quarter last year, Microsoft generated sales of $49.4 billion. And Xbox content and services revenue decreased 12% in the period. OpenAI is the organization behind text generator ChatGPT and image generator Dall-E. [Microsoft announced major layoffs](https://www.investors.com/news/technology/microsoft-stock-software-giant-discloses-layoffs/) and a cost-cutting plan Wednesday. [IBD Stock Checkup](https://research.investors.com/stock-checkup/nasdaq-microsoft-msft.aspx). The midpoint of $51 billion was well below Wall Street's target of $52.4 billion for the March quarter. Windows licensing revenue collapsed 39% in the holiday sales quarter amid declining PC sales. The unit includes server products and cloud services such as Azure. Revenue in the segment increased 18% year over year to $21.5 billion. Meanwhile, Microsoft's Productivity and Business Processes unit saw sales rise 7% to $17 billion. In recent trades, MSFT stock was down 0.5% to 240.77. On a year-over-year basis, Microsoft earnings slipped 6% while sales rose 2%.

This earnings season should provide answers as to how companies can weather the storm of a looming recession, with Wedbush's Dan Ives saying the top question ...

Microsoft said earlier this month it will cut 10,000 jobs, joining Amazon (18,000), Alphabet (12,000) and Meta (11,000) in dramatically reducing their headcounts in recent weeks. Tesla, Meta, Amazon, Apple, Microsoft, Netflix, Alphabet each fell 27% or more last year, and Meta and Tesla’s 68% and 64% respective declines were among the 10 largest drops on the S&P. Morgan Stanley predicts the S&P will fall as much as 25% to a two-year low of 3,000 during the first few months of 2023 as earnings disappoint. “The January rally might be over if the rest of the big-tech earnings and multi-nationals paints the same downbeat picture,” Oanda analyst Ed Moya wrote in a Wednesday note. Microsoft, which reported its slowest quarterly revenue growth in six years but had significant growth in its crucial cloud business Wednesday, now faces a “standoff between the bulls and bears” among investors, according to Ives. public companies Wednesday were Microsoft, Amazon, Apple and Alphabet,

A quarterly earnings beat wasn't enough to send Microsoft shares higher in early trading Wednesday. Denis Charlet/AFP via Getty Images. Microsoft MSFT ...

‘s fiscal [second-quarter earnings](https://www.barrons.com/articles/microsoft-earning-stock-price-51674510719?mod=md_stockoverview_news&mod=article_inline) were pretty good. Wall Street was looking for $2.29 a share from $53 billion in sales. That’s a bad sign for [all stocks](https://www.barrons.com/articles/cloud-amazon-microsoft-salesforce-stock-price-51674646111?mod=md_stockoverview_news&mod=article_inline), though the omen has nothing to do with the fundamentals of Microsoft’s business.

There is light at the end of the tunnel for Microsoft (MSFT) as a global economic slowdown weighs on the tech giant's growth, argues Piper Sandler analyst ...

Microsoft (MSFT) is sinking after reporting a fiscal second-quarter revenue miss and issuing a dismal forecast.

Digging deeper, Microsoft stock has once again run into a ceiling at the $245 level, after failing at that level twice in December. Options traders are chiming in as well, with 250,000 calls and 254,000 puts across the tape so far, which is three times the average intraday volume. Microsoft Corp (NASDAQ:MSFT) is down 3.8% at $232.89 at last check, despite the tech name yesterday announcing better-than-expected fiscal second-quarter profits of $2.32 per share, thanks in part to strength in its cloud business.

Microsoft's fundamentals for the fourth quarter were weak. Read why investors may see double-digit drops for Microsoft stock after earnings.

This is a solid guide to a comfortable future and a core part of why we believe long-term accumulation is in order. Take a look at the volume profile on the right hand side - this shows volume traded by price level, and we've started the clock at the all-time high so the bars you see there are all since the peak. - Unlevered pretax FCF margins fell to 37%, a level not seen since December 2019, a result of weak revenue and also of a large working capital outflow in the quarter. The cash flow multiple looks a lot due to that working capital outflow, so, we'll forgive that a little. Look at the high volume nodes in the $236-245 range. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. It remains the case that Microsoft is likely to grow revenue at above-GDP rates, that its cash flow margins are likely to hold up well, its balance sheet remains a fortress, and we would not bet against CEO Satya Nadella placing winning bets in AI to drive unexpected upside. With that, let's turn to the numbers, the valuation, and the chart. We are looking for a substantial reversal in fiscal Q3 (ending 31 March 2023). Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. One, the quarter was dreadful, and no amount of window dressing would persuade us otherwise. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions.