|Bid||141.62 x 800|
|Ask||141.63 x 800|
|Day's Range||140.23 - 142.37|
|52 Week Range||93.96 - 142.37|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||27.91|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||1.84 (1.33%)|
|1y Target Est||154.71|
Microsoft scored a breakout after announcing a share buyback and a dividend increase. Here is how Microsoft stock's technicals and fundamentals look.
Microsoft, Twilio, and Splunk shares were higher in early market trading today. While Microsoft rose 2%, Twilio and Splunk rose 1.7% and 2.5%, respectively.
Gains in Microsoft shares pushed the benchmark S&P 500 within striking distance of its record high, a day after the Federal Reserve cut interest rates as expected but played down hopes of further monetary easing. The software giant's plans to buy back $40 billion in shares also boosted the Dow and the Nasdaq, while driving a 0.7% gain in the wider technology sector.
The major stock indexes were modestly higher early Thursday. Dow Jones stock Microsoft is breaking out above a new buy point.
Microsoft Corp. shares are on track to close at a new record high on Thursday following the company's announcement of an 11% dividend increase and the approval of a new $40 billion stock buyback program. The stock hit a new intraday high of $141.83 and is currently trading above its previous record close of $141.32 from July 26. "Given $133 billion in cash (~$60 billion in net cash), the move to increase the dividend and share buy-backs should be welcomed by investors," Oppenheimer analyst Timothy Horan said in a note to clients. Microsoft is leading the Dow Jones Industrial Average higher on Thursday, and its dividend hike puts the stock's implied yield at 1.47%, above Apple Inc.'s 1.38%. Microsoft's stock is up 40% so far this year, while Apple shares are up 41% and the Dow is up 17%.
DOW UPDATE Led by positive growth for shares of Microsoft and IBM, the Dow Jones Industrial Average is climbing Thursday morning. The Dow (DJIA) is trading 68 points, or 0.3%, higher, as shares of Microsoft (MSFT) and IBM (IBM) have contributed to the index's intraday rally.
Target and Microsoft stock were early leaders and Herman Miller scored a breakout, while the S&P; 500 and Dow Jones today aimed to turn the week positive.
Language barriers can hinder international commerce, but that problem is increasingly being solved by machine-based translation programs, which are becoming sophisticated enough to enable people in different countries to communicate as if they spoke the same language. Lily Chen, a sales manager with electronic-forklift company Taixing Jichuan Hydraulic Machinery Co. Ltd. in China, said she’s used Alibaba Group Holding Ltd.’s (BABA) built-in translation tools to communicate with buyers in Europe and the U.S. In an interview with MarketWatch using the technology, she explained that her English was “not very good” when she began as a salesperson and the translation software first helped her conduct professional communications with a customer in Germany and, later, with other buyers.
Sept 19 (Reuters) - U.S. stocks opened higher on Thursday, boosted by Microsoft Corp and energy stocks, a day after the Federal Reserve cut rates as expected but played down hopes of further monetary easing. The Dow Jones Industrial Average rose 38.97 points, or 0.14%, at the open to 27,186.05. The S&P 500 opened higher by 3.63 points, or 0.12%, at 3,010.36. The Nasdaq Composite gained 16.20 points, or 0.20%, to 8,193.59 at the opening bell.
Codenamed Orion, Facebook's (FB) smart glasses are reportedly being designed to disrupt the smartphones market when it hits the shelves anywhere between 2023 and 2025.
Shares of Microsoft Corp. rose 1.3% to pace the premarket gainers among the Dow Jones Industrial Average's components, after the software behemoth announced an 11% dividend hike and approved a $40 billion stock repurchase program. Based on Wednesday's stock closing price of $138.52, the new annual dividend rate of $2.04 raises Microsoft's implied dividend yield to 1.47% from 1.33%, to leapfrog Apple Inc.'s yield of 1.38% into 25th place among the Dow's 30 components. Apple's stock edged up 0.1% ahead of the open. The premarket stock gains indicates Microsoft will stretch its lead as the largest U.S. company by market capitalization, which was $1.06 trillion as of Wednesday's close, above second-place Apple at $1.01 trillion.
Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.
Dow futures: The stock market rally held up after a Fed rate cut and Fed chief Jerome Powell's comments. Apple is a buy again. Microsoft rose late on a buyback. Will AT&T; sell DirecTV?
India's Eros Now said on Thursday it is tying up with Microsoft's Azure cloud platform to host and stream its digital video offerings, in a boost to the U.S. software giant's push to expand in the Indian market. As part of the tie-up, Microsoft will build an online video platform for the Bollywood production house, which will offer interactive voice search features in multiple Indian regional languages. This is one of Microsoft's first forays into India's crowded digital video space, so far dominated by market leader Amazon Web Services (AWS) that is used by players such as Walt Disney-backed portal Hotstar and Indian movie and video streaming platform ALTBalaji, among others.
Investing.com – Wall Street opened higher on Thursday as signs of confidence from Microsoft (NASDAQ:MSFT) and gains in chip stocks offset mixed signals from the Federal Reserve.
Stocks are higher as strong gains from Microsoft and tech companies offset mixed signals from the Federal Reserve after the central bank cut interest rates for the second time this year.
Microsoft Corp. is the Stock of the Day at Real Money Thursday after its board approved a $40 billion stock buyback plan and increased the quarterly dividend by 11%. The stock, which is a holding of Jim Cramer's Action Alerts PLUS charitable trust, is up a bit on the news. In this daily bar chart of MSFT, below, we can see two trends.
Investing.com -- Central banks around the world make different responses to the Federal Reserve's rate cut, U.S. stocks are set for a lower opening, and some fresh saber-rattling pushes oil prices back up. Here's what you need to know in financial markets on Thursday, 19th September.
Investing.com - U.S. futures fell on Thursday, after the Federal Reserve damped hopes for any further monetary easing on top of Wednesday's rate cut, the second in as many months.
Microsoft gains after saying it would set aside $40 billion to buy back its own stock, and also raise its quarterly dividend by 5 cents a share.