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2 weeks ago
Microsoft Insider Trading Alert: Microsoft's Chief People Officer, Kathleen Hogan, sold 22,000 $MSFT shares for a total value of $8.8 million while the company's Chief Communication Officer sold $4 million worth.
By: Barchart | March 15, 2024
• Microsoft Insider Trading Alert
Microsoft's Chief People Officer, Kathleen Hogan, sold 22,000 $MSFT shares for a total value of $8.8 million while the company's Chief Communication Officer sold $4 million worth.
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DiscoverGold
4 weeks ago
Microsoft (MSFT):
By: Carl Swenlin | March 1, 2024
Microsoft (MSFT): MSFT tried to form a double top mid-2023, but it broke out and moved +22% above that resistance. It has formed a long-term bearish rising wedge, and there is a PMO negative divergence, but price movement is strongly bullish.
Prognosis: Magnificent, but with some bearish undertones.
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DiscoverGold
1 month ago
Options Traders Target Microsoft (MSFT) Stock Amid Record Highs
By: Schaeffer's Investment Research | February 12, 2024
• Options traders targeted MSFT over the past two weeks
• Microsoft's already impressive market cap has continued to rise
The shares of the most valuable publicly traded company in the world, Microsoft Corp (NASDAQ:MSFT), hit an all-time high of $420.82 on Friday, after closing its fifth-straight week of gains. With help from the artificial intelligence (AI) demand, the Big Tech giant's market cap has hit record-breaking levels, currently valued at over $3.12 trillion. Today, the stock is dipping from its recent highs, down 1.1% at $416.13 at last check.
Unsurprisingly, options traders have continued to target MSFT. Per Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks that attracted the highest weekly options volume during the last 10 days, Microsoft stock has seen 3,216,566 calls and 1,686,164 puts exchanged. The most popular contract during this time period was the weekly 2/9 420-strike call.
This penchant for bullish bets is nothing new. According to data at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the security's 50-day call/put volume ratio of 2.03 stands higher than all other readings from the past year.
These options traders are in luck, as the equity's Schaeffer's Volatility Index (SVI) reading of 18% sits in the 12th percentile of annual readings. This implies options traders are pricing in relatively low volatility expectations.
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Stock Guy777
2 months ago
Earnings: $2.93 per share, vs. $2.78 per share expected
Revenue: $62.02 billion, vs. $61.12 billion expected
Microsoft's revenue increased 17.6% year over year in the year, which ended on Dec. 31, according to a statement. Net income, at $21.87 billion, or $2.93 per share, increased from $16.43 billion, or $2.20 per share.
The company's Intelligent Cloud segment produced $25.88 billion in revenue, up 20% and above the $25.29 billion consensus among analysts surveyed by StreetAccount. The grouping contains Azure cloud infrastructure, SQL Server, Windows Server, Nuance, GitHub and enterprise services. Within that segment, revenue from Azure and other cloud services grew 30%. Analysts polled by CNBC had expected 27.7% growth, and the StreetAccount consensus was 27.5%. The metric for the previous quarter was 29%.
Revenue from the Productivity and Business Processes unit including Office productivity software, LinkedIn and Dynamics totaled $19.25 billion. That was up 13% and higher than the $18.99 billion StreetAccount consensus.
The More Personal Computing segment contributed $16.89 billion in revenue, up about 19% and slightly more than the StreetAccount consensus of $16.79 billion. The segment comprises Windows, Surface, Bing and Xbox.
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2 months ago
Microsoft (MSFT): Technical Analysis and Price Forecast
By: Bruce Powers | January 25, 2024
• Apple stock shows early signs of hitting resistance while Microsoft, a market leader, hits a $3 trillion market valuation, but a potential short-term pullback may happen soon.
Microsoft Corp. (MSFT)
The stock of Microsoft was a market leader last year as well, and it remains so for the start of 2024. However, it may be ready for a pullback soon. On Wednesday, it reached a high of $405.63 and a new high market capitalization of $3 trillion dollars before pulling back. They are the second company to do so after Apple Corp. However, the high was almost an exact match with the completion of a 200% extension of the most recent retracement. In addition, several other Fibonacci targets levels are around that price increasing the chance to see signs of resistance as selling pressure builds. Wednesday closed weak with a possible bearish shooting candlestick pattern.
Microsoft is a Leader in the AI Revolution
Through its partnership with artificial intelligence (AI) company OpenAI, the maker of ChatGPT, Microsoft is at the forefront of the AI revolution. It has established itself as a leader in the sector with that partnership. Microsoft is scheduled to report earnings on January 30.
Retracement May Test 20-Day Moving Average Support
The most recent breakout level for Microsoft stock was $384.30. It corresponds to potential support around the 61.8% retracement of the most recent upswing at 381.86 and the 20-Day MA at $382.69. Microsoft stock broke out above the 20-Day line three weeks ago and it has not yet been tested as support. You can see how much of the month of December the 20-Day MA marked resistance. It would be healthy for the uptrend if the 20-Day line is tested as support. This does not mean it will be if a retracement kicks in, but it could.
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DiscoverGold
2 months ago
Nonstop Tech Call Buying on $QQQ, $MSFT, $NVDA Today
By: Cheddar Flow | January 24, 2024
• Incredible. "Unusual" is an understatement
Nonstop Tech Call Buying on $QQQ, $MSFT, $NVDA Today
These orders are all OTM, have a high premium, and are near expiration
This is super bullish
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DiscoverGold
2 months ago
Options Traders Target World's Most Valuable Company
By: Schaeffer's Investment Research | January 16, 2024
• Microsoft inked a $1.5 billion deal with Vodafone
• The company is now the most valuable publicly traded company in the world
Microsoft Corp (NASDAQ:MSFT) stock is 0.8% higher this afternoon to trade at $391.23. The equity earlier hit an all-time high of $394.03, after inking a $1.5 billion deal with Vodafone (VOD). The 10-year partnership will bring generative artificial intelligence (AI), digital, enterprise, and cloud services to more than 300 million businesses and users across Europe and Africa.
The Big Tech concern is on fire in the first month of the year, especially after its market cap rose to $2.89 trillion last week to overtake Apple (AAPL) as the world's most valuable public company. Investments in the accelerating AI market have boosted MSFT's share price, while slower iPhone sales in China are pressuring AAPL.
In response, Microsoft stock once again landed on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks with the highest weekly options volume in the last two weeks. Per White's data, 3,017,416 calls and 1,440,794 puts were exchanged over the last two weeks, with the weekly 1/12 385-strike call standing as the most popular contract over this time period.
As previously mentioned, MSFT is trading at record highs, and today crossed the $390 mark for the second time ever. Just three weeks into 2024, the security is already up 4.1% year to date, and boasts a 63.5% year-over-year lead.
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