FILE PHOTO: The Microsoft logo is shown on the Microsoft Theatre at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake
- Microsoft Corp’s market value vaulted above the $1 trillion mark for the first time in regular session trade on Thursday, pulling ahead of Apple Inc and making it the most valuable U.S. publicly traded company after quarterly earnings and revenue beat Wall Street expectations. The stock, which pared gains as the morning wore on, was last up 3.9% at $129.84 on Nasdaq, giving it a valuation of $996.16 billion.
The software company was helped by predictions from its executives for continued growth for its cloud computing business in its quarterly conference call after the market close on Wednesday. The stock leapt above $1 trillion in after-hours trading following the report. Microsoft, Apple and Amazon.com Inc have taken turns in recent months to rank as the world’s most valuable U.S.-listed company. Apple last traded at $205.91, giving it a market cap of $970.92 billion. Amazon trailed with a $939.25 billion value.
Except they still can’t fucking simplify Word formatting
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Microsoft hits $1 trillion market cap after earnings beat estimatesMicrosoft kicked off tech earnings season and the stock jumped after revenue topped estimates. We like the work that you do, keep it coming. check out partnerts instactyptonews , they have a great account and we working together on developing super fast tweets & news delivery .
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Microsoft hits $1 trillion market cap for the first time as stock jumps on earnings beatMicrosoft shares jumped to a record and pushed the company past the $1 trillion mark on better-than-expected earnings and revenue. They're doing excellent $131.31 a share to hit $1 Trillion Dollars which in South Africa exchange rate it equals to R14,800 Trillion Randelas.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »
Microsoft becomes a $1 trillion company after reporting earnings that blew away Wall Street estimatesMicrosoft is within striking distance of a $1 trillion market cap, making its quarterly earnings more important than ever. Shit... is it now safe to pirate Windows Vista ? Uhh, forgot about the Dutch East India Company?
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Microsoft heads toward $1 trillion valuation after earningsMicrosoft Corp. shares rose in the extended session Wednesday, pushing the tech giant toward a $1 trillion valuation as cloud growth continues to boost the... Ridiculous! There’s only $1.6 trillion of US currency in circulation around the entire world! No company is worth that kind of money! We’re living in a fake bubble inflated stock market Which is going to wipe out millions and millions Amazing seeing how Azure has impacted $MSFT, especially with so many companies working in the cloud-related market! Think where they’d be if they’d replaced Balmer a decade ago.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »