![]() (You can read the full research report on Microsoft here >) Increasing spend on Azure enhancements amid stiff competition in the cloud space remains a concern. ![]() However, declining gaming revenues has been a headwind. Steady performance in Talent Solutions aided LinkedIn revenues. However, More Personal Computing revenues decreased due to weak Windows and Devices businesses. Microsoft is also seen as having a better offering on the artificial intelligence (AI) front than rival Alphabet.Ĭontinued momentum in the small and medium businesses and frontline worker offerings, as well as gain in revenue per user drove top-line growth. Productivity and Business Processes revenues increased due to strong adoption of Office 365 Commercial solutions. Intelligent Cloud revenues were driven by growth in Azure and other cloud services. The company is benefitting from strong Intelligent Cloud and Productivity and Business Processes revenues. +22% for the Zacks Tech sector and the +8.6% gain for the S&P 500 index. As a result, Microsoft share now up +28.4% this year vs. ![]() ![]() ![]() Microsoft shares largely tracked the Zacks Tech sector this year, but the stock hasn't looked back since the very strong Q1 earnings release on April 25th. You can see all of today’s research reports here > These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. Today's Research Daily features new research reports on 16 major stocks, including Microsoft Corporation (MSFT), BP p.l.c. The Zacks Research Daily presents the best research output of our analyst team. ![]()
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