Tag: Microsoft
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This Could Be a Major Catalyst for Microsoft
Keep an eye on Microsoft (MSFT). Last trading at $336.63, the tech giant could see higher highs. All on the release of its M365 CoPilot. According to Piper Sandler, as quoted by CNBC, ““We see the formal release of M365 Copilot this week as an ‘iPhone moment’ for MSFT as part of a broader strategy…
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Weakness in Take-Two May be an Opportunity
Keep an eye on Take-Two Interactive (TTWO). Despite some recent weaknesses, there are substantial catalysts ahead. For one, Grand Theft Auto VI should be out soon and is usually a monster seller. In fact, analysts at Raymond James – which just upgraded the stock to outperform with a $170 price target – say GTA VI…
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This is Why Microsoft Could Race to Higher Highs
Microsoft (MSFT) just went ballistic. Since the year began, the stock jumped from about $244 to a current price of $363.29. Today alone, it’s up 5%, or $17.08 a share. All on news it just announced a $30 per month subscription for the use of generative AI with Microsoft 365. As noted by CNBC, “Adding…
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Microsoft Takes Off on an Earnings Beat
Microsoft (MSFT) is swinging higher. All after crushing earnings. EPS came in at $2.45, as compared to expectations for $2.33. Revenue jumped to $52.86 as compared to estimates for $51.02 billion. All thanks to growth in its cloud computing and Office productivity software businesses. “The bottom line is that despite all the concerns that the…
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Top Ways to Trade a Trillion-Dollar Metaverse Opportunity
By now, I’m sure you’ve heard of the metaverse. Or, as Meta Platforms’ Mark Zuckerberg puts it, the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as…
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This is Why Microsoft Could Rally Back to $320
The pullback in tech stocks may finally be over. If so, keep an eye on oversold shares of Microsoft (MST). Not only is MSFT holding double bottom support dating back to early 2021, it’s starting to rebound from oversold RSI, MACD, and Williams’ %R. From a current price of $258.86, we’d eventually like to see…
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Why It May be Best to Wait for Microsoft to Pull Back
Microsoft (MSFT) has been unstoppable. After bottoming out around $280, the tech stock just gapped to $325.70. All thanks to its latest batch of earnings. Revenues were up 22% to $45.3 billion. Operating income jumped 27% to $20.2 billion. Net income came in at $20.5 billion GAAP, and $17.2 billion non-GAAP. Both were up 48%…
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The Top Ways to Trade Video Game Momentum
Video game stocks have become some of the most exciting opportunities. In fact, games could help usher in a $257 billion opportunity by 2025. “Gaming is one of the largest and fastest-growing forms of entertainment in the world. We expect there to be more than $200 billion of revenue in this industry in 2021,” Kyle…