Microsoft Corp beat quarterly revenue estimates on Wednesday, as the global shift to work from home boosted sales for its cloud service Azure and productivity software suite.
U.S. stock indexes traded mixed and in a narrow range on Wednesday as investors digested mixed quarterly results, stimulus negotiations in Washington and simmering U.S.-China tensions.
The following companies are expected to report earnings after hours on 07/22/2020. Visit our Earnings Calendar for a full list of expected earnings releases.Microsoft Corporation (MSFT) is reporting for the quarter ending June 30, 2020. The computer software company's consensus
The S&P 500 and the Dow advanced on Wednesday as signs of another round of government stimulus for the virus-stricken U.S. economy countered worries over worsening ties between the United States and China.
The Dow Jones Industrial Average (DJINDICES: ^DJI) was up a modest 0.3% by 11:30 a.m. EDT Wednesday, outperforming the other major stock indices. Weighing on the market was a decision by the U.S. to force the closure of a Chinese consulate in Houston that prompted a retaliation
The S&P 500 ticked higher in a choppy session on Wednesday as a boost from Microsoft and optimism about another round of stimulus for the virus-stricken economy countered worries over worsening ties between the United States and China.
What a whirlwind the first half of the year was. Things got off on a steady foot at the beginning of 2020 despite what was (at the time) only a nagging coronavirus outbreak in China.
U.S. stocks rose on Wednesday as a boost from technology stocks along with optimism about another round of stimulus for the virus-stricken economy overshadowed worries over a spike in tensions between the United States and China.
Slack Technologies (NYSE: WORK) and Microsoft (NASDAQ: MSFT) appear headed for a showdown. The San Francisco-based software-as-a-service (SaaS) company has gone before the European Commission to file a competition complaint against the software giant.
Microsoft may find itself in EU antitrust regulators' crosshairs yet again after U.S. workspace messaging app Slack Technologies Inc complained about the company embedding its workplace chat and video app Teams in its Office product.
Slack Technologies Inc said on Wednesday it has filed a complaint against Microsoft Corp with the European Commission on grounds of anti-competitive practices.
The S&P 500 and Dow were set to open lower on Wednesday as an escalation in tensions between United States and China offset optimism about another round of fiscal stimulus for the virus-stricken economy.
Long a leader in the gaming processor industry, Nvidia (NASDAQ: NVDA) has been increasingly under pressure from major competitors Intel (NASDAQ: INTC) and AMD (NASDAQ: AMD). Despite the fact that Nvidia still overwhelmingly dominates the discrete GPU sector, this increasing comp
Few companies have benefited from the coronavirus-induced shift into emergent trends more than Microsoft (MSFT) which has seen its shares surge to near all-time highs.
U.S. stock index futures fell on Wednesday as investors shunned risky assets after Washington ordered a shutdown of the Chinese consulate in Houston, escalating tensions between the world's two largest economies.
Investors have pushed shares of Microsoft Corp up almost 30 percent since the start of the year, betting that the pandemic-induced shift to more remote computing will boost its business.
The S&P 500 Index (SNPINDEX: ^GSPC) closed relatively flat on July 21, up 5.5 points, or 0.17%. Yet while the index was not very volatile, oil stocks were surging higher. Nine of the top 10, and 17 of the top 20 biggest-gainers in the index today were oil and gas stocks, i