Thanks much for detailed explanation Dave.
“The tech-heavy Nasdaq in the US is down over 12% so far this year. That presents plenty of opportunities for me to buy shares in big US-listed tech companies such as Amazon, Alphabet, and Microsoft.”
Beat expected revenue and earnings, Azure cloud with revenue growth of 46% y/y
Buying as much MSFT as I can. Simply the highest quality company in the world.
Totally, I have heard they bought LinkedIn this week.
You’re 6 years late haha
Oh dear! No a friend mentioned it and I never checked it out
Not entirely new news, as Microsoft in their earnings call
in April reported a strong dollar/Forex potentially affecting their revenue/profit during the year
But for the 3% drop today
Buying from $230 and below, hope it keeps dropping
Happy Birthday, Microsoft. 41 today.
Just imagine if we still had UI like this today!
MSFT stock is so resistant to drops, wow. This is a great stock to own, I only wish it’d drop further
This is a big win for Microsoft and will be seen as a coupe to beat Google to this high profile contract.
CMA is a uk outfit no? How will they have any say on two US based companies merging?
Yes the CMA is the Competition & Markets Authority. This is a long(ish) piece but is worth a read.
TLDR - If you operate in a country, the regulator has a say in what you do.
Want to start buying at around P/E of 23 and under. Waiting on this one
Yes yes profits
CMA raising preliminary concerns re ActiBlizz. Not surprising given the enormous scale but would be interesting if they keep them after Microsoft respond. Khan’s FTC in the US will certainly be scrutinising too so this is not a done deal.