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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
What's behind Microsoft's annual segment changes?
August 22, 2024 12:35 PM EDTMicrosoft (NASDAQ: MSFT) has recently made notable changes to its annual key performance indicators (KPIs) ahead of the FY25 reporting period, with a particular focus on reclassifying revenue streams to better align with the company's strategic priorities.
According to Citi analysts in a note Thursday, these changes are "more extensive than in the past" as they bring the key components of M365 within the PBP... More
Citi Reiterates Buy Rating on Microsoft (MSFT)
August 22, 2024 4:55 AM EDTCiti analyst Tyler Radke reiterated a Buy rating and $500.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "We briefly caught up with MSFT IR following their annual update to KPIs ahead of FY25 reporting. The FY25 updates are more extensive... More
