4hon MSN
Microsoft’s historic plunge: Why the company lost $357 billion in value despite strong results
Microsoft beat its own forecast. Revenue rose 17%.
The tech titan loss hundreds of billions of dollars of market value.
As investors sold shares of Microsoft on Thursday, the $3.22 trillion company dragged down the software complex and the S&P ...
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more ...
Shares dropped the most since March 2020 on Thursday, with investors fleeing the stock amid slower cloud growth and big ...
Microsoft reports revenue of $81.3 billion for the October-December quarter, marking a 17% increase from the previous year.
Microsoft's commercial backlog more than doubled year over year, pointing to enormous demand for AI.
The recent share price drop in Microsoft stock looks like an overreaction.
Shares of Microsoft plunged 12% and software stocks hit a bear market. The S&P 500 edged back from 7,000 as AI spending fears ...
By Deborah Mary Sophia, Aditya Soni and Stephen Nellis Jan 28 (Reuters) - Microsoft said on Wednesday it had spent a record ...
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