Microsoft sees quarterly revenue beat estimates on cloud strength
The software giant reported revenue of $49.36 billion in the third quarter, compared with $41.7 billion a year earlier, versus average estimates of $49.05 billion
Company
Memex Automation
CVE:OEE
Memex Automation is the leader in real-time shop-floor-to-top-floor technology solutions. Memex’s flagship product MERLIN delivers Overall Equipment Effectiveness (OEE) metrics in real-time, enabling manufacturers to enhance production and increase income and profits from operations.
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Microsoft and Alphabet set to drop quarterly earnings: what can we expect?
Consensus analyst estimates have Microsoft reporting revenue for 3Q of about US$49 billion or $2.18 per share
Microsoft and Apple Q1 earnings will dictate direction of 'white-knuckle' market ride
“We may be reaching the stage of the market cycle where fundamentals and valuation really do matter much more than financial engineering,” said one analyst
Warner Bros Discovery makes steady start on market debut
Warner Bros Discovery Inc will run three streaming services; it also owns the Warner Bros film studio and a number of cable channels
US stocks close down in volatile session as investors await Fed meeting
As the Federal Reserve’s two-day policy meeting begins, investors will be looking for updates on when the central bank will raise interest rates and by how much
Can Microsoft help settle nerves with strong quarter's earnings?
Capricorn Energy and TI Fluid Systems are in London's corporate diary, with 3M, American Express, General Electric, Johnson & Johnson, Verizon Communications Inc announcing in New York pre-market open
Microsoft and Take-Two mega-deals highlight continued drive for consolidation in video games, say analysts
Credit Suisse said intellectual property and development capability would be the attractive qualities for potential bidders, while Shore Capital said UK video gaming companies possess similar qualities to those recently acquired
Microsoft’s US$69bn Activision acquisition is a big weapon in the console war
Big-name game franchises could play a major factor in the battle between Xbox and Playstation.
Microsoft lays foundation for gaming future with US$69bn Activision Blizzard buy
The all-cash deal values Activision shares at US$95 each, a 46% premium to the close last night
Hackers target Minecraft as weak spot found in network
Private sector researchers have described the situation as if the “internet is on fire”
Microsoft smashes through forecasts as cloud sales boom
Cloud sales jumped by almost $4bn (£2.91bn) from a year ago
Why some companies prefer dividends and some prefer buybacks - two-minute explainer
Companies often buy back shares even whether the price is high or low, which most investors would view as not the most effective use of cash
Microsoft unveils giant share buyback on top of annual dividend hike
It is the 12th straight September where the Redmond outfit has added to its quarterly payout
Microsoft mulls using Ethereum to combat piracy
In a research paper, the tech giant proposed a blockchain-based system, built on the Ethereum network, that is designed to incentivise users to participate and reinforce anti-piracy campaigns
Microsoft claws back losses after Azure concerns quelled
Investors were likely spooked by slower growth than expected at the cloud-services business, prompting a 3% fall of the stock
Microsoft tipped for bumper quarter as cloud adoption accelerates
Headline numbers should comfortably beat the market’s US$44bn and $1.90 estimate.
Microsoft Exchange servers were targeted in Chinese cyber-attack says UK, US and EU
Tensions are rising over state-sponsored cybercrime and espionage.
Hardware & electrical equipment
Microsoft joins Apple in the US$2trn club as cloud demand booms
Working from home is driving a boom in cloud-based services
AT&T to merge with Discovery as content consolidation continues for broadcasters
In the sector content IP owners are increasingly combining assets to drive 'direct-to-consumer' streaming platforms such as HBO Max, Disney+ and Peacock.
Discord pulls out of merger talks with Microsoft
The video game chat app, valued at around US$7bn, has reportedly ended negotiations for a potential merger with the computing giant, rekindling speculation of a possible IPO