Microsoft (MSFT) announces quarterly dividend hike

Microsoft (MSFT) Raises Quarterly Dividend 10.3% to $0.75; 0.9% Yield

September 19, 2023 9:03 AM EDT

Microsoft (NASDAQ: MSFT) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 10.3% increase from the prior dividend of $0.68.

The dividend will be payable on December 14, 2023, to stockholders of record on November 16, 2023, with an ex-dividend date of November 15,... More

'Tech stocks rip higher into year-end' says Wedbush analyst

September 19, 2023 8:01 AM EDT

Wedbush analyst Daniel Ives said in a note Tuesday that the firm expects a tech rally to gain legs into the year-end despite Federal Reserve/10-year fears.

The analyst believes that the Street is "now starting to get a better grasp on what appears to be a stable and slightly improving... More

Amazon Poised To Hire Departing Microsoft Product Chief - Bloomberg

September 18, 2023 1:10 PM EDT

(Updated - September 18, 2023 1:40 PM EDT)

Amazon Poised To Hire Departing Microsoft Product Chief - Bloomberg

Panos Panay, who led Microsofts Windows team and was central to hardware push with Surface computers, said he was leaving Microsoft earlier Monday.Amazon is reportedly hiring Panay to run... More

Active options: AMC MSFT PLTR TLRY CGC MARA BAC GOOG F NFLX BABA DIS

September 18, 2023 12:56 PM EDT

Active options: AMC MSFT PLTR TLRY CGC MARA BAC GOOG F NFLX BABA DIS

... More

Microsoft says product chief Panay to leave, report says headed to Amazon

September 18, 2023 12:18 PM EDT

By Stephen Nellis

(Reuters) -Microsoft's Yusuf Mehdi, who oversees its consumer marketing efforts, is taking over the firm's Surface and Windows businesses with the external PC makers and retail partners, as longtime product chief Panos Panay steps down.

Bloomberg reported that Panay is being hired by Amazon.com to run the unit responsible for the firm's Alexa and Echo products, replacing David Limp, the unit's current chief who has... More

5 big analyst AI moves: Microsoft and Adobe capture analyst attention

September 15, 2023 9:08 AM EDT

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

1) Microsoft holds GenAI event

Earlier this week, Microsoft (NASDAQ: MSFT) showcased a range of intriguing GenAI solutions and capabilities at its New York event. In the aftermath of the event, Goldman Sachs analyst Kash Ranhan said he is increasingly confident that Microsoft is making progress on its rich product roadmap, with Microsoft 365 Copilot and Fabric expected to go live by the end of year.

While Microsoft plans to monetize most of these services separately, we... More

HSBC starts Microsoft at Hold as Street is too optimistic on near-term AI monetization

September 15, 2023 7:47 AM EDT

HSBC analysts led by Stephen Bersey initiated much-anticipated research coverage of the U.S. tech sector.

US technology sector is experiencing three tailwinds that we believe will bolster operating performances for some companies, but not all. Although we see promise from AI, the timing remains uncertain; however, demand for cloud and digital transformation is still strong, Bersey wrote... More

HSBC Starts Microsoft (MSFT) at Hold

September 15, 2023 2:11 AM EDT

HSBC analyst Stephen Bersey initiates coverage on Microsoft (NASDAQ: MSFT) with a Hold rating and a price target of $347.00.

For an analyst ratings summary and ratings history on Microsoft click here. For more ratings news on Microsoft click here.

Shares of Microsoft closed at $338.70 yesterday.

... More