Micrsoft stock fell as much as 6% on Thursday after reporting fiscal Q1 earnings. CEO Satya Nadella’s company easily beat Wall Street consensus for revenue and net income. GAAP EPS climbed 10% YoY, and revenue rose 16%. MSFT stock fell due to lower projected Azure cloud growth in Q2. Microsoft (MSFT) skittered off the […]
Apple stock slides on lethargic iPhone 16 pre-orders. iPhone 16 first weekend pre-orders estimated down 13% from iPhone 15. Hot analyst Kuo Ming-Chi implies that Apple may need to cut prices in 2025. Kuo blames Chinese competition, late release of Apple Intelligence for reduced demand. Apple (AAPL) stock has moved lower on Monday after […]
Broadcom could be the next company to join the trillion dollar club. Wednesday’s earnings release showed another beat-and-raise announcement that has become commonplace. Markets consolidate on Friday after week’s CPI-led fireworks. Michigan Consumer Sentiment drains, sending NASDAQ lower. Broadcom (AVGO) stock exploded 12% on Thursday, quite a feat for a company already valued at […]
