Microsoft yanks Wall Street
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The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.
Three mega-cap tech companies reported earnings on Wednesday, and the market’s verdict was swift and brutal for one company while two Magnificent 7 members received stamps of approval. Microsoft (NASDAQ:MSFT) beat estimates with $4.
Meta gains on earnings beat. Microsoft outlines Q3 revenue target amid accelerating AI cloud demand and Copilot seat growth. Tesla beats Q4 expectations, gives upbeat outlook.
Shares dropped the most since March 2020 on Thursday, with investors fleeing the stock amid slower cloud growth and big spending on AI.
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97% of Wall Street Analysts Say This "Magnificent Seven" Stock Is a Buy: Double Down in 2026?
There is no other stock within the S&P 500 that Wall Street is more bullish on.
Microsoft (NASDAQ: MSFT) continues to provide investors with earnings beats and strong growth in its cloud, AI and gaming segments.
A day of dramatic swings on Wall Street, including Microsoft's worst drop in years and a sudden reversal for the price of gold, finished with only relatively modest moves on Thursday.
Wall Street analysts remained overwhelmingly bullish on Microsoft, even as the stock dipped 12% post-earnings.