Whether Microsoft closes above $1 trillion in market value or not, it's taken back the mantle of world's most valuable company.
Facebook reported first-quarter earnings of $0.85 a share vs estimate of $1.65. Bad news right? Apparently not bad enough to bring the stock down, was up over 10% after market, and currently sits up over 7%. FB set aside $3 billion for legal expenses related to the ongoing U.S. Federal Trade Commission investigation of it's … Continue reading Facebook, Microsoft Report
Move over FANG stocks, it’s time for a MIC check. That’s MIC as in Microsoft Corp., Intel Corp. and Cisco Systems Inc., which all helped lead the Internet-driven bull market in the 1990s. Microsoft lifted the Nasdaq-100 Index more than any other stock in between the gauge’s high last August and its record Wednesday, according … Continue reading FANGs No More